About This Deal

FISERV INC acquired Radius8, Inc., a transaction completed in March 2021, structured as All-cash.

Radius8, Inc. operates in Acceptance / merchant location intelligence. Radius8, Inc. ('Radius8') is a provider of a platform that uses consumer location and other information to drive incremental merchant transactions, enhancing Fiserv's ability to help merchants increase sales.

It enhances Fiserv's ability to help merchants increase sales, expand mobile application registration and improve one-to-one target marketing.

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

Deal Terms

Acquirer
FISERV INC
Target
Radius8, Inc.
Value
Not disclosed
Date
March 2021
Type
Full acquisition
Status
Ready

Transaction Details

Segment
Acceptance / merchant location intelligence
Structure
All-cash
Announced
March 1, 2021
Closed
March 1, 2021

In Their Words

Radius8, Inc. ('Radius8') is a provider of a platform that uses consumer location and other information to drive incremental merchant transactions, enhancing Fiserv's ability to help merchants increase sales.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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