GBank / BankCard Services 2023
GBank Financial Holdings acquired BankCard Services for $10M on December 14, 2023.
- Target
- BankCard Services
- Acquirer
- GBank Financial Holdings
- Deal value
- $10M
- Announced
- December 14, 2023
- Sub-sector
- Payments
Transaction overview
- GBank Financial Holdings announced the acquisition of BankCard Services on December 14, 2023 for $10M.
Strategic rationale
Expand cashless gaming payment solutions and licensing opportunities through BCS's proprietary intellectual property and pooled player programs.
Deal terms & multiples
Sources
- pymnts.com /acquisitions/2023/gbank-to-expand-cashless-gaming-solutions-with-bankcard-services-acquisition/