About This Deal

FISERV INC acquired Inlet, LLC, a transaction completed in May 2020, structured as All-cash.

Inlet, LLC operates in Acceptance / digital delivery. Inlet, LLC ('Inlet') is a provider of secure digital delivery solutions for enterprise and middle-market billers' invoices and statements.

It further enhances Fiserv's digital bill payment strategy.

Disclosed in Fiserv's FY21 Form 10-K; integrated into the noted operating segment.

Deal Terms

Acquirer
FISERV INC
Target
Inlet, LLC
Value
Not disclosed
Date
May 2020
Type
Full acquisition
Status
Ready

Transaction Details

Segment
Acceptance / digital delivery
Structure
All-cash
Announced
May 11, 2020
Closed
May 11, 2020

In Their Words

Inlet, LLC ('Inlet') is a provider of secure digital delivery solutions for enterprise and middle-market billers' invoices and statements.Fiserv FY21 Form 10-K, Acquisitions note

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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