Avatas Payment Solutions


Image
Avatas Payment Solutions

has been acquired by

Image

a portfolio company of

Image

ABOUT THE COMPANY:

Avatas Payment Solutions (“Avatas”) is a leader in payment processing services for retail energy dealers across the U.S. and Canada. Avatas’ unique combination of industry focused information systems, customer service, analytical account management, and a proven value proposition for substantial cost savings has propelled them to a dominant market position in this segment.

SITUATION:

Avatas was a successful, rapidly growing private company owned and managed by its founders. The executive team sought to partner with a larger firm that would provide additional resources and complementary skills to help fuel additional growth.

ENGAGEMENT:

In late 2011, G2 was engaged as the exclusive sell-side advisor responsible for running an expeditious, targeted, and high-touch sale process while evaluating other strategic alternatives and options. The Avatas opportunity generated interest from both the private equity community as well as several strategics within the payment processing industry.

OUTCOME:

The transaction was successfully executed in 2012 with a sale to Merchant Warehouse, an industry leader in developing and delivering award-winning and innovative payment processing solutions and merchant account services to developers and ISVs which had recently completed a recapitalization from Parthenon Capital. AVATAS will continue to operate independently of Merchant Warehouse.

DEAL TEAM:

SUB-SECTOR

Business Process Outsourcing

MORE LIKE THIS

Exclusive Sell-Side Advisor

Image

a portfolio company of S3 Ventures has sold its video surveillance assets to Quantum

Exclusive Sell-Side Advisor

Image

has sold Arbre Farms Corporation and Willow Cold Storage Corporation to Oregon Potato Company

Exclusive Sell-Side Advisor

Image

a portfolio company of Wicks has been acquired by Demand & Suppli LLC.

Exclusive Sell-Side Advisor

Image

a portfolio company of Odyssey Investment Partners has been acquired by Addison Group

Exclusive Sell-Side Advisor

Image

has been acquired by Champlain Capital

Exclusive Sell-Side Advisor

Image

a portfolio company of HCI Equity Partners has been recapitalized by Stellex Capital Management  

Exclusive Sell-Side Advisor

Image

a portfolio company of Granite Bridge Partners has acquired Sigma Imaging Technologies

Exclusive Sell-Side Advisor

Image

has been acquired by Undisclosed Buyer

Exclusive Sell-Side Advisor

Image

has been acquired by Industry Drive a portfolio company of Falfurrias Capital  

Exclusive Sell-Side Advisor

Image

Asset-based temperature controlled transportation division of Roadrunner Transportation Systems has been sold to Laurel Oak Capital Partners

Connect With Us.

Image
Homepage Contact
Services of Interest