Purepay - Creditron Inc.

Creditron Inc. is a leading provider of payment processing software and services. Its solutions combine industry standard operating systems and advanced imaging, scanning and data recognition technology to help low and mid-volume remittance processors optimize operations performance and improve customer service. Purepay is a Columbus-based acquirer and operator of payments companies with a primary focus on automation and transaction processing within the financial services industry. Purepay acquires growing companies, extends their existing capabilities, and accelerates organic growth with the intent of operating the companies’ long term. The firm targets a broad set of payments and transaction processing capabilities within the financial services industry.

Seller:
Creditron Inc.
Canada
Buyer:
Purepay
United States
Closed:
August 2007

quotesWhen we first went to market, Corum, with their experience and offices all over the world, spent time with us going through who the potential partners could be. And, frankly they were everywhere. The tech headlines can just as easily be out of England, Germany, France, Finland, Korea, China or North America. Some of the biggest and fastest growing firms in the tech world are not in the U.S. so we felt it imperative to do a truly global buyer search. We’re glad we did. quotes

Steve Peltier
Nefsis