---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-133296"
form_type: "8-K"
ticker: "RPAY"
cik: "0001720592"
company_name: "Repay Holdings Corp"
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:11:43.907367+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Repay Holdings to acquire KUBRA for $372M; expects Q2 2026 close

## Summary
- Aggregate purchase price ~$372M; financed via cash on hand and $500M term loan + $100M revolver from Truist.
- Combined 2025 revenue ~$548M, Adj. EBITDA ~$178M; expects $15M+ annual cost synergies and $5M+ tech savings.
- KUBRA serves 250+ clients in utilities, government, insurance; reaches over 40% of US/Canada households.
- Closing expected Q2 2026 subject to HSR and other regulatory approvals; termination fee of $18.6M if REPAY fails to close.
- REPAY to host investor conference call March 31, 2026 at 8:00 AM ET to discuss the acquisition.

## SEC filing metadata
- accession: 0001193125-26-133296
- form_type: 8-K
- ticker: RPAY
- cik: 0001720592
- company_name: Repay Holdings Corp
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1720592/000119312526133296/0001193125-26-133296-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1720592/000119312526133296/rpay-20260330.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-133296
- JSON: https://secwatch.observer/filing/0001193125-26-133296.json
- Plain text: https://secwatch.observer/filing/0001193125-26-133296.txt

## Source-grounded claims
- claim_id: 495a85430c59c7853d7769cdfdee6e5f94aaa214
  claim: Repay Holdings Corp incurred credit facility of $500 million with Truist Bank and Truist Securities, Inc..
  evidence_excerpt: In connection with the execution of the Purchase Agreement, the Company has delivered to the Seller a debt commitment letter (the “Debt Commitment Letter”) executed with Truist Bank and Truist Securities, Inc. (together, the “Commitment Parties”), pursuant to which the Commitment Parties have committed, subject to the terms and conditions contained therein, to provide the Company with (a) a term loan facility in an aggregate principal amount of $500 million and (b) a revolving credit facility in an aggregate principal amount of $100 million (collectively, the “Debt Financing”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1720592/000119312526133296/0001193125-26-133296-index.htm
- claim_id: c6b937adc671a32ed23a5762fe21895345a68ce5
  claim: Repay Holdings Corp entered into Purchase Agreement with Hearst KUBRA Holdings, Inc. valued at approximately $372 million (effective 2026-03-30).
  evidence_excerpt: On March 30, 2026, Repay Holdings Corporation (“REPAY” or the “Company”) entered into a Stock Purchase Agreement, dated as of March 30, 2026 (as amended or supplemented from time to time, the “Purchase Agreement”), with Hearst KUBRA Holdings, Inc., a Delaware corporation (“Seller”), KUBRA Holdings, Inc., a Delaware corporation (“Kubra US”) and KUBRA Data Transfer Ltd., an Ontario corporation (“Kubra Canada” and together with Kubra US, “KUBRA”), pursuant to which REPAY will acquire all of the issued and outstanding capital stock of KUBRA (the “Acquisition”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1720592/000119312526133296/0001193125-26-133296-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.