The Private Equity team advised Bregal Sagemount on its equity investment in PayArc.
Bregal Sagemount is a growth focused private capital firm with $4 billion of committed capital. The firm provides flexible capital and strategic assistance to market-leading companies in high-growth sectors across a wide variety of transaction situations.
PayArc provides payment processing solutions to all types and sizes of merchants. PayArc has partnered with a growing base of more than 10,000 merchants to date, processing over $3 billion in omnichannel payments volume annually.
PayArc will use this first round of financing to invest in new sales and marketing channels, target strategic acquisitions, and expand its value proposition to all constituents.
For more details, read the press release.