Brentwood-payment processor FrontStream Payments Inc. today announced the acquisition of Washington-based Fast Transact Inc. Arsenal Capital Partners, a New York-based private equity firm, funded the deal. From the presser:
"The acquisition of Fast Transact strengthens FrontStream's approach of providing customers with unique, high value payment products. Fast Transact's secure, integrated payment solutions and its experienced management team provide FrontStream with the expertise to partner with merchants and resellers in growing industry segments," said Emmet Seibels, CEO and Co-founder of FrontStream Payments.
Mar 19, 2010 3:43 PM