About This Deal
FISERV INC acquired Bypass Mobile, LLC, a transaction completed in March 2020, structured as All-cash.
Bypass Mobile, LLC operates in Acceptance / enterprise POS. Bypass Mobile, LLC ('Bypass') is an independent software vendor and innovator in enterprise POS systems for sports and entertainment venues, food service management providers and national restaurant chains.
It further enhances Fiserv's ability to help businesses deliver seamless physical and digital customer experiences.
Disclosed in Fiserv's FY21 Form 10-K; integrated into the noted operating segment.
Deal Terms
Acquirer
FISERV INC
Target
Bypass Mobile, LLC
Value
Not disclosed
Date
March 2020
Type
Full acquisition
Status
Ready
Transaction Details
Segment
Acceptance / enterprise POS
Structure
All-cash
Announced
March 18, 2020
Closed
March 18, 2020
In Their Words
Bypass Mobile, LLC ('Bypass') is an independent software vendor and innovator in enterprise POS systems for sports and entertainment venues, food service management providers and national restaurant chains.Fiserv FY21 Form 10-K, Acquisitions note
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
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