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REPAY Announces the Acquisition of TriSource Solutions

Business Wire Wednesday, 14 August 2019 ()
ATLANTA--(BUSINESS WIRE)--Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”) (“the Company”), a leading provider of vertically-integrated payment solutions, today announced the acquisition of TriSource Solutions (“TriSource”), for up to $65 million, which includes a performance based earn out. The acquisition was financed with a combination of cash on hand and proceeds from borrowings under REPAY’s existing credit facility. TriSource, founded in 2007, provides back-end transaction processing s
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