TA Associates buys BluePay: UPDATED

TA Associates has acquired a majority stake in BluePay Processing. Financial terms weren't announced. Goldman Sachswas the seller. BluePay provides payment processing services to merchants in the U.S. and Canada. News of the deal was reported by peHUB last month. UPDATE: James Bunn, Steve Hufford, Kate Crespo, Paul Fricilone and Scott Roman of Raymond James & Associates provided financial advice to BluePay on the deal.

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