M&A
confidence high
sentiment neutral
materiality 0.65
Repay acquires BT Intermediate; historical financials show 2020 revenue of $51.7M
Repay Holdings Corp
- BT Intermediate 2020 revenue $51.7M, up 16.5% from $44.3M in 2019.
- Net income $1.5M in 2020 vs net loss of $1.8M in 2019.
- Total assets $188.7M, goodwill $59.4M as of Dec 31, 2020.
- Long-term debt net of unamortized costs $71.1M; line of credit repaid by year-end.
- Acquisition closed June 15, 2021; pro forma combined information filed.