CHICAGO--(BUSINESS WIRE)--BluePay, a major credit card processor that provides payment processing solutions for both large and small businesses, recently announced that it has engaged Preston Todd Advisors to source specialized payments technology companies for acquisition.
"As one of the fastest growing Inc. 500 companies, we are supplementing our organic growth with strategic acquisitions of merchant processing technologies and accretive merchant portfolio purchases," said John Rante, CEO of BluePay. "We are looking for acquisitions that will enhance our existing payment processing technology and ultimately grow our bottom line."
BluePay provides secure payment processing solutions to small and mid-sized businesses including POS and e-commerce payment solutions.
“We engaged Preston Todd Advisors because of their expertise in deal origination services in the payments and payment technology industries,” said Rante. “Their targeted approach to identifying, qualifying, and engaging potential acquisition candidates is unparalleled in the payments arena. By providing us with a continuous pipeline of high quality deal flow, they streamline the acquisitions process for our internal M & A team, saving us substantial time and money.”
About BluePay: BluePay (http://www.bluepay.com) provides merchants in the U.S. and Canada with secure credit card processing solutions. BluePay is a full-service, Tier 1 credit card processor with offices and data centers located across the United States. The firm leverages extensive industry experience and a comprehensive suite of credit card merchant account services to provide a complete system of credit card processing solutions with competitive rates.
About Preston Todd Advisors: Preston Todd Advisors (http://www.PrestonToddAdvisors.com) specializes in deal origination services and business development in the payments and technology sectors. From target identification and evaluation to the facilitation of introductions and information and data exchange, Preston Todd Advisors works in concert with their clients’ senior management and mergers and acquisition teams to provide a cohesive acquisition strategy and unparalleled access to the highest quality deal flow.