Deluxe, a Trusted Business Technology company, reported operating results for its first quarter ended March 31, 2021.
“We had a solid start to 2021, consistent with our expectations. We achieved significant year-over-year improvement in adjusted EBITDA and sequential improvement in the total revenue decline rate,” said Barry McCarthy, President and CEO of Deluxe. “Our Payments segment again delivered healthy growth, demonstrating its resiliency in the face of the continued pandemic and severe weather impacts, and despite a tough comparable with the impact of several large-scale wins in the same period a year ago. We also saw acceleration in data-driven marketing, a component of Cloud Solutions.”
First American Adds Second Recruiter to Expand Strategic Partnership Team
Share Article FORT WORTH, Texas (PRWEB) May 06, 2021 As First American’s ISO business continues to grow exponentially, the company welcomes Jerry Faith as Sales Manager. In this capacity, Faith will focus on new partner acquisition, matching integration-focused ISOs with First American’s payment technology.
Faith joins First American from TransPay Solutions and BMT Retail Systems, where he has helped business owners reduce costs associated with payroll processing, HR services and business lending through integrated point of sale solutions. Prior to TransPay Solutions, Faith served as Division Director at Get Beyond, where he led a team of SMB advocates for more than a year. His success is complemented by more than 15 years of experience in the sales and service of credit card processing, as well as a demonstrated track record of succes
Minnesota mergers and acquisitions Text size Copy shortlink:
Date Location Location Description
4/18 WorldReach Software Entrust Corp. Entrust Corp., a provider of identity and access management products, has
Ottawa, Ontario Shakopee acquired WorldReach Software, a Canada-based provider of identity products
for travel and citizen services.
4/22 First American Payment Deluxe Corp. Deluxe Corp will acquire First American Payment Systems, a payment-processing
Systems L.P. Shoreview firm, for $960 million to accelerate its transformation into a leading payments
Fort Worth, Texas technology company.
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Michael McKiernan
The Canada Pension Plan Investment Board has doubled down on its Korea Income Joint Venture with asset manager ESR Cayman Limited, as the pair collectively boosted their investment by US$500 million, bringing the total equity allocation to US$1 billion.
According to a news release, the CPPIB contributed the bulk of the new capital to the venture, which was formed in 2018 to focus on logistics assets near major cities in South Korea.
“Korea is already one of the most developed e-commerce markets in Asia and the pandemic has accelerated the growth in the past year, further fuelling the demand for quality logistics facilities,” said Jimmy Phua, the CPPIB’s head of Asia real estate, in a statement.