Tech Company M&A Transactions
BillMatrix Acquisition
BillMatrix was acquired by Fiserv. The deal was announced on 7/27/2005. The acquisition price was $350 million.
Transaction Overview
Company Name
Acquired By
Announced On
7/27/2005
Transaction Type
M&A
Amount
$350,000,000
M&A Terms
Fiserv, Inc. (Nasdaq: FISV) announced today that it signed a definitive agreement to acquire BillMatrix Corp., The purchase price is approximately $350 million and the transaction is expected to close in the third quarter. The transaction is expected to be neutral to earnings in 2005 and slightly accretive to earnings in 2006.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
8401 N Central Exp 700
Dallas, TX 75225
USA
Dallas, TX 75225
USA
Phone
Website
Email Address
Not Recorded
Overview
BillMatrix Corp. provides outsourced, high-tech alternatives to traditional payment methods using the latest automated interface technologies. BillMatrix works with more than 120 companies to supplement paper-based methods of remittance with convenient, efficient and cost-effective payments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Scott Walker
Browse more venture capital transactions:
Prev: 7/26/2005: LightSand Communications venture capital transaction
Next: 7/27/2005: Altea Therapeutics venture capital transaction
Share this article
About Our VC Transactions Data
We report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs