muck Posted June 15, 2011 Share Posted June 15, 2011 I figure that because someone in the huddle knows all there is to know about everything (nearly), I thought I'd put that to the test to see if anyone knows anything about the credit card processing industry. Specifically, I'm looking for any research on prices paid to acquire credit card processing businesses. TIA. Quote Link to comment Share on other sites More sharing options...
Yukon Cornelius Posted June 15, 2011 Share Posted June 15, 2011 I figure that because someone in the huddle knows all there is to know about everything (nearly), I thought I'd put that to the test to see if anyone knows anything about the credit card processing industry. Specifically, I'm looking for any research on prices paid to acquire credit card processing businesses. TIA. I know that its the second biggest scam going! Quote Link to comment Share on other sites More sharing options...
SEC=UGA Posted June 15, 2011 Share Posted June 15, 2011 Good luck. Quote Link to comment Share on other sites More sharing options...
The Irish Doggy Posted June 15, 2011 Share Posted June 15, 2011 Do we have a member in M&A? I don't recall one. Quote Link to comment Share on other sites More sharing options...
MikesVikes Posted June 15, 2011 Share Posted June 15, 2011 I know that its the second biggest scam going! What's the first? Quote Link to comment Share on other sites More sharing options...
chester Posted June 15, 2011 Share Posted June 15, 2011 I know that my boss tells me that his average cost is $.92 per transaction. Quote Link to comment Share on other sites More sharing options...
Avernus Posted June 15, 2011 Share Posted June 15, 2011 What's the first? banks Quote Link to comment Share on other sites More sharing options...
Brentastic Posted June 15, 2011 Share Posted June 15, 2011 I figure that because someone in the huddle knows all there is to know about everything (nearly), I thought I'd put that to the test to see if anyone knows anything about the credit card processing industry. Specifically, I'm looking for any research on prices paid to acquire credit card processing businesses. TIA. Sort of in a very indirect way. I do have some insight on cost of buying which is somewhere around 15-20x EBITDA depending on how finely tuned the company being bought is. Obviously the more you have to do to get said company to be more efficient/profitable, the less you'd be willing to pay and vice versa. Quote Link to comment Share on other sites More sharing options...
muck Posted June 15, 2011 Author Share Posted June 15, 2011 My understanding is/was that if the portfolio is growing, you pay 20-25x one months' revenue ... if the portfolio is stable, you pay 15-20x one months' revenue ... and ... if the portfolio is shrinking, you pay 10-15x one month's revenue. I need independent and verifiable confirmation of those assumptions (or information that contradicts those assuptions). A report from a brokerage firm would work. A report from an independed research house would work. Talking to your Aunt Sally's neighbor who used to sell credit card processing four years ago while between jobs isn't gonna help me out. Quote Link to comment Share on other sites More sharing options...
SEC=UGA Posted June 15, 2011 Share Posted June 15, 2011 My understanding is/was that if the portfolio is growing, you pay 20-25x one months' revenue ... if the portfolio is stable, you pay 15-20x one months' revenue ... and ... if the portfolio is shrinking, you pay 10-15x one month's revenue. I need independent and verifiable confirmation of those assumptions (or information that contradicts those assuptions). A report from a brokerage firm would work. A report from an independed research house would work. Talking to your Aunt Sally's neighbor who used to sell credit card processing four years ago while between jobs isn't gonna help me out. My Aunt Sally died in 1987, her neighbor wouldn't have had a clue how to answer your question, anyway. Quote Link to comment Share on other sites More sharing options...
geeteebee Posted June 15, 2011 Share Posted June 15, 2011 (edited) Sorry, just got back to office and got your vm. Will send you some info after my 2:00 meeting. Work email still the same? Edited June 15, 2011 by geeteebee Quote Link to comment Share on other sites More sharing options...
Brentastic Posted June 15, 2011 Share Posted June 15, 2011 (edited) My understanding is/was that if the portfolio is growing, you pay 20-25x one months' revenue ... if the portfolio is stable, you pay 15-20x one months' revenue ... and ... if the portfolio is shrinking, you pay 10-15x one month's revenue. I need independent and verifiable confirmation of those assumptions (or information that contradicts those assuptions). A report from a brokerage firm would work. A report from an independed research house would work. Talking to your Aunt Sally's neighbor who used to sell credit card processing four years ago while between jobs isn't gonna help me out. My information isn't as obscure as you seemed to imply. Sorry I tried to help Edited June 15, 2011 by Brentastic Quote Link to comment Share on other sites More sharing options...
muck Posted June 15, 2011 Author Share Posted June 15, 2011 I had/have no idea what informatin you do/don't have. In the event the information is the former, I'd like to see it. If it's the latter, I thought I'd save you some time. Thanks. Quote Link to comment Share on other sites More sharing options...
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