Durango, Colorado-based Mercury Payment Systems, the provider of payment processing services, has been acquired by Vantiv, in a deal worth $1.65 billion, the companies said late Monday. Mercury Payment Systems was owned by private equity firm Silver Lake. Mercury had recently filed for an IPO. Vantiv is a competing provider of payment processing systems for merchants. Vantiv said the deal will accelerate its growth in the integrated payments area.
Top NewsTuesday, May 13, 2014
Mercury Payment Systems Acquired By Vantiv For $1.65 Billion