iPay was acquired by Jack Henry & Associates (Nasdaq: JKHY) in June 2010.
Bain Capital Ventures provided guidance on overall company strategy and potential acquisitions. In addition, Bain Capital Ventures helped recruit several senior team members and a talented Board member from the Bain Capital Ventures portfolio.
Bain Capital Ventures helped select the appropriate banker and assisted in the sale strategies and negotiations when iPay was acquired by Jack Henry & Associates.