Financial Technology Partners - The Only Investment Bank Focused Exclusively on Financial Technology


FT Partners Advises Solveras on its Sale to TransFirst

Overview of Transaction
  • On August 24, 2011, Solveras Payment Solutions announced its sale to TransFirst, a leading provider of transaction processing and a portfolio company of Welsh, Carson, Anderson and Stowe
  • Solveras is a sales organization providing comprehensive merchant payment services to approximately 15,000 small- and medium-sized merchants
  • The Company has been majority owned by its founders since inception in 2000
  • Solveras will continue to operate on a standalone basis as a division of TransFirst
Significance of Transaction
  • Illustrates the strength of Solveras' affinity marketing model and underscores its expertise in telesales
  • Solveras' unique telesales engine introduces an additional sales, marketing and partnership model to TransFirst's existing merchant services business
  • Shows the increasing value of strong strategic partnerships in payments processing
  • Further example of platform consolidation in payments
FT Partners' Role
  • FT Partners served as exclusive strategic and financial advisor to Solveras in its sale process
  • Highlights FT Partners' deep knowledge, extensive experience and broad relationships in the payments processing industry
  • Represents another highly successful transaction involving a top-tier payments company