Windsor Drake
Transaction · B2B Payments · 2026

Mintoak acquires ICC Loyalty

Mintoak acquired ICC Loyalty on September 16, 2026.

Target
ICC Loyalty
Acquirer
Mintoak
Announced
September 16, 2026
Sub-sector
B2B Payments

Transaction overview

  • Mintoak announced the acquisition of ICC Loyalty on September 16, 2026.

Strategic rationale

Mintoak acquires ICC Loyalty; combined entity reaches $30M ARR with 30% margins.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
September 16, 2026
Acquirer
Mintoak (Strategic)
Sub-sector
B2B Payments

Sources

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