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IIIV Jul 2024 17.500 call
- Zacks
i3 Verticals (IIIV) to Reduce Debt Through New Divestiture
The divestment of the merchant of record payment business to Payroc is set to help i3 Verticals (IIIV) focus on its core businesses and reduce its debt burden.
- Business Wire
i3 Verticals Enters Into Definitive Agreement to Sell Merchant of Record Payments Business
NASHVILLE, Tenn., June 26, 2024--i3 Verticals, Inc. ("i3 Verticals" or the "Company") (NASDAQ: IIIV), and Payroc WorldAccess, LLC ("Payroc"), a leading omni-channel payments provider, today announced that the companies have entered into a definitive agreement whereby Payroc will acquire i3 Verticals’ merchant of record payments business, including its associated proprietary technology (the "divested business"), in an all-cash transaction for $440 million, subject to certain purchase price adjust
- GuruFocus.com
i3 Verticals Inc (IIIV) (Q2 2024) Earnings Call Transcript Highlights: Steady Growth Amidst ...
Exploring key financial outcomes and strategic updates as i3 Verticals navigates through a pivotal transition phase.
