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.
- The deal is expected to close pending customary conditions.
Strategic rationale
Expand cashless gaming payment solutions and licensing opportunities through BCS's proprietary intellectual property and pooled player programs.
Deal terms & multiples
Frequently asked questions
How much did GBank Financial Holdings pay for BankCard Services?
GBank Financial Holdings acquired BankCard Services for $10M, announced on December 14, 2023.
When did GBank Financial Holdings announce the acquisition of BankCard Services?
GBank Financial Holdings announced the acquisition of BankCard Services on December 14, 2023.
What sub-sector is BankCard Services in?
BankCard Services is tracked in the Payments sub-sector.
Sources
- pymnts.com /acquisitions/2023/gbank-to-expand-cashless-gaming-solutions-with-bankcard-services-acquisition/