TA Associates-backed BluePay buys Canadian payments company
BluePay, a portfolio company of U.S. private equity firm TA Associates, has bought Caledon, a Canadian payment processing and technology business. The financial details of the transaction were not published. BluePay, a provider of technology-enabled credit card payment processing, said the acquisition will give it the opportunity to increase its payment acceptance capabilities for North American merchants, and enhance its technology. The Naperville, Illinois-based company was acquired by TA Associates in August 2013.
6 November 2014•3 mins read
