Small world --
Curbstone + TSYS -- Curbstone + TransFirst -- TSYS acquires TransFirst!
Curbstone was again selected for the Gold Partner award from TSYS, one of the largest authorization networks in the country.
For the last 12 years here at Curbstone, we have held TSYS in the highest regard due to their professionalism and responsiveness. Over 50% of our customers use their authorization network services.
The other side of TSYS is an ACQUIRER that is growing very fast. They provide the transaction collection and payment services for merchants, and their professionalism and responsiveness (a recurring theme) has justified our strong support.
Read about our new relationship and how YOU benefit...
Curbstone has partnered with TransFirst because of their... professionalism and responsiveness. Kenny Roark, our primary contact at TransFirst, has streamlined the setup of new shared customers, and provided competitive pricing and superb service.
Contact your Project manager or Account Rep for contact info for TransFirst.
We congratulate TransFirst on being recognized, and acquired by, TSYS. Read on for more info on the acquisition!
Transformative Acquisition Accelerates TSYS’ Growth Strategy
Enhances Scale and Scope as a Payments Platform
COLUMBUS, Ga., Jan. 26, 2016 — TSYS® (NYSE: TSS), a leading global payment solutions provider, today announced it has entered into a definitive agreement with Vista Equity Partners to acquire TransFirst, a Vista portfolio company and leading U.S. merchant solutions provider, in an all-cash transaction valued at approximately $2.35 billion.
TransFirst delivers merchant solutions to more than 235,000 small and medium-sized businesses in the U.S. through its proprietary technology, end-to-end customized and multi-channel products and superior customer service. The transaction enhances TSYS’ offering and position in the high-growth areas of integrated payments, e-commerce and omni-channel services. As a result of the transaction, TSYS will be the 6th largest U.S acquirer based on net revenue, supporting more than 645,000 merchant outlets. TSYS expects the transaction to be accretive in the low double digits to adjusted EPS for the first twelve-month period following closing, excluding one-time acquisition-related fees and expenses.
TransFirst leads the market with its partner-centric distribution model supporting more than 1,300 integrated technology and referral partners in high-growth areas that include Integrated Software Vendors (ISVs), healthcare, not-for-profit, referral banks, associations and e-commerce. TransFirst has approximately 1,000 employees with offices throughout the U.S.