FISERV INC acquired Convenience Pay Services (Hewlett Packard Enterprise), a transaction completed in January 2016, structured as Business acquisition from Hewlett Packard Enterprise; acquired together with the Community Financial Services business (from ACI Worldwide) for an aggregate purchase price of $265 million; individual price not disclosed..
Convenience Pay Services (Hewlett Packard Enterprise) operates in Financial, is based in United States. Convenience Pay Services, acquired from Hewlett Packard Enterprise, enables billers to accept electronic payments from consumers across multiple channels. Fiserv completed the acquisition on January 15, 2016, expanding its biller (electronic bill payment) solution offerings.
Expanded Fiserv's biller solution offerings and multi-channel electronic payment acceptance for providers.
Advisory firms were not disclosed for this transaction.