Deal
FISERV INC acquires The LR2 Group, LLC (City POS)
June 2022
Full acquisition
Ready
01 Scorecard
The deal at a glance
Private-market deal
FISERV INC acquires The LR2 Group, LLC (City POS)
Deal value
(not disclosed)
Sector
Acceptance / ISO
Date
June 2022
VectorShift
Made on VectorShift
FISERV INC acquired The LR2 Group, LLC (City POS), a transaction completed in June 2022.
The LR2 Group, LLC (City POS) operates in Acceptance / ISO. The LR2 Group, LLC ('City POS') is an ISO that promotes payment processing services and facilitates the sale of POS equipment for merchants, expanding the reach of Fiserv's merchant services business.
Disclosed in Fiserv's FY22 Form 10-K; integrated into the noted operating segment.
The LR2 Group, LLC ('City POS') is an ISO that promotes payment processing services and facilitates the sale of POS equipment for merchants, expanding the reach of Fiserv's merchant services business.
Fiserv FY22 Form 10-K, Acquisitions note
Advisors not disclosed
No advisory firms have been disclosed for this transaction.