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Vantiv completes Paymetric acquisition

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Vantiv completes Paymetric acquisition

Vantiv Inc. on May 25 completed the acquisition of Atlanta-based Paymetric, a Francisco Partners portfolio company, S&P Global Market Intelligence has learned.

Paymetric automates business-to-business payment workflows within enterprise systems and tokenizes payments data within those systems. Financial terms of the deal, expected to close during the second quarter, were not disclosed.