BOSTON, MA–(Marketwired – May 10, 2017) – Cayan, a acquittal technology company, today appear it has acquired Agenda Acquittal Services (CPS), LLC., a Dallas, TX-based payments processing aggregation specializing in the $75b decay abatement vertical. CPS serves businesses throughout the country and processes in balance of $700 actor in Visa and MasterCard affairs annually. In accession to decay haulers, CPS serves municipalities, decay accessories providers, alteration stations and added players aural the decay space. Terms of the accord were not disclosed.
The decay abatement bazaar is a cogent new vertical industry for Cayan, one that strategically complements the company’s strengths. Decay haulers of all sizes are rapidly alive to accepting payments by acclaim agenda and charge defended and cost-effective payments processing technology and support. Through the acquisition, Cayan attains CPS’ 18 years of bazaar expertise, decay administration software integrations, absolute partnerships with key ISVs, its chump abject of above decay abatement companies, and its administration including Andrew Caine.
“We’re captivated to acceptable CPS into the Cayan family,” said Cayan CFO, Chris Menard. “The decay abatement bazaar is an industry with affluence of beginning befalling and one we’ve had our eye on for a while as allotment of our M&A strategy. The synergies amid CPS and us accomplish this accretion a accustomed fit.”
“Cayan has bright strengths in technology and abutment as able-bodied as a accurate clue almanac in alcove vertical markets, such as home heating,” said Andrew Caine of CPS. “This, accumulated with CPS’ abysmal bazaar ability and our acquaintance accepting account amount accumulation for decay carriage customers, will absolutely pave the way for growth.”
About CayanCayan® is a technology aggregation focused on transformative innovations in payments. From simple and reliable acquittal processing, to absolutely integrated, multichannel chump assurance platforms, Cayan is continuously developing new means to alleviate the ability of payments. Cayan’s platforms accommodate their Cayan® Unified Commerce Solution Suite™ and Genius® Platform — both are defended and scalable platforms that are absolutely configurable, tailored to a business’s different needs and accessible to implement. Headquartered in Boston, the aggregation has assorted offices in the United States and Belfast, Northern Ireland. Cayan is one of the world’s fastest growing acquittal companies. For added information, appointment www.cayan.com.
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