July 14, 2021
ACHeck21 was acquired by Payroc, via its financial sponsors Audax Group and Parthenon Capital Partners, through an LBO on July 14, 2021 for an undisclosed sum.
ACHeck21 is a developer of cloud-based digital transaction software for the purpose of combining ACH (Automatic Clearing House) entry classes and Check21 along with ancillary services. The company allows software vendors, originators, banks and acquirers to offer to their merchant customers ACH, check capture and verification with back-end integration to their bank or through a clearing bank, making transaction processing quick, simple and accessible.