Litle & Co. acquired by Vantiv for $361M
Wednesday, October 31, 2012
Lowell, MA
Deal Type: 

Vantiv, Inc. (NYSE: VNTV),
a leading provider of payment processing services and related
technology solutions for merchants and financial institutions of all
sizes, announced today that it has signed an agreement to acquire Litle
& Co. for $361 million.  Litle &
Co. is a leading independent eCommerce payment processor, providing a
fully-integrated payments solution for companies that sell goods and
services to consumers over the internet and through direct response

The acquisition of Litle & Co. significantly increases Vantiv's
capabilities in eCommerce, expands its customer base of online
merchants, and enables the delivery of Litle's innovative, best-in-class
eCommerce solutions to Vantiv's merchant and financial institution
clients.  The combined service offering will leverage Vantiv's scale,
extensive distribution channels, and support capabilities, to address
the evolving payments needs of businesses in multiple channels, and
offer merchants a "one-stop" suite of Point-of-Sale, eCommerce and
Direct Response payment processing solutions.