Litle & Co. acquired by Vantiv for $361M

Date:
Wednesday October 31, 2012

Company Name:
Litle & Co.

Company Website:
http://www.litle.com

Categories:
eCommerce, Enterprise Software

Deal:
Acquisition

Source:
http://bit.ly/SwXuhi

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 marketing.

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.