eBay Acquires Braintree for $800,000,000

  • Feed Type
  • Date
    9/26/2013
  • Company Name
    Braintree
  • Mailing Address
    111 N. Canal St. Chicago, IL 60606
  • Company Description
    We help businesses process credit card payments by providing a merchant account, payment gateway, recurring billing and credit card storage. We work with companies primarily based in the U.S. but do have several large international customers. We’re unlike others in the industry; we think and do things differently and are frequently told by our customers that we’re a breath of fresh air.
  • Website
    http://www.braintreepayments.com
  • Transaction Type
    M&A
  • Transaction Amount
    $800,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    The acquisition will be paid for with all cash.

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