Wednesday, July 09, 2025
54.0°F

Whitefish-based NXGEN merger announced

Whitefish Pilot | Hagadone News Network | UPDATED 5 years, 7 months AGO
by Whitefish Pilot
| November 15, 2019 3:00 AM

Whitefish-based NXGEN International, a payments processing service, has undergone a series of big mergers with Payroc LLC and other businesses.

The company announced a merger with Payroc, a leading merchant acquirer and payment processor, along with Payscape and BluePay Canada.

The merger compiles the payment facilitators into one business, under the Payroc name, to operate in 46 countries and serve more than 55,000 merchants while processing $23 billion in annual bankcard volume.

The merger was sponsored by Parthenon Capital, a growth-oriented private equity firm that focuses on building franchise assets in the financial services and health-care sectors.

Prior to the Payroc announcement, NXGEN had also announced a merger with BluePay Canada, which president of NXGEN International Giuseppe Caltabiano of Whitefish said will strengthen the combined services’ abilities to lead in the payment processing sector. The company had also merged with Payment Plus Inc and Payscape during the year.

“While significantly strengthening our Canadian presence, adding BluePay Canada’s ISV capabilities and relationships to the combined Payscape-NXGEN offering will enable software developers, resellers and integrators to deploy their solutions in 46 countries, and will reinforce our position as a unique player in the fintech world,” Caltabiano said in a release. “We are the leader in the space, able to provide both card-present and card-not-present solutions on a large geographical footprint.”

NXGEN International is the largest global merchant service provider (MSP) serving over 13,000 merchants in multiple countries.

For more information, visit www.nxgen.com and www.payroc.com.

MORE IMPORTED STORIES

Whitefish-based NXGEN completes merger
Whitefish Pilot | Updated 5 years, 8 months ago
Payment company announces merger
Whitefish Pilot | Updated 6 years, 2 months ago
No headline
Bigfork Eagle | Updated 7 years, 8 months ago

ARTICLES BY WHITEFISH PILOT

November 4, 2011 9:53 a.m.

Rehberg to attend rally for Jesus statue

Montana Rep. Denny Rehberg will attend a public rally in Whitefish on Nov. 10 in support of the World War II statue of Jesus on Big Mountain. Rehberg will be at the VFW Post 276 on Baker Avenue at 1 p.m.

December 15, 2011 7:01 a.m.

Sled Dog Days pints for a purpose

Flathead Sled Dog Days is gearing up for its fifth annual dog sled race Jan. 6-8. Race organizers have partnered with the Whitefish Winter Carnival to become part of their festivities next month.

November 4, 2011 9:28 a.m.

Whitefish businesswoman enters race for U.S. House seat

Whitefish businesswoman Diane Smith announced Thursday she has entered the race for Montana’s open congressional seat in the U.S. House.