Vantiv announced that it has signed an agreement to acquire Litle & Co. for $361 million.
"eCommerce is one of the fastest growing segments of payments," said Charles Drucker, President and CEO at Vantiv. "As our clients continue to expand their online presence to meet their consumers' demands, they rely on us to meet their payments needs through our integrated processing platform. The acquisition of Litle & Co. will enable us to offer leading, integrated products in high growth markets, allowing our clients to engage with their customers across multiple channels, with better visibility and increased simplicity."
Litle & Co. is a eCommerce payment processor, providing a fully-integrated payments solution for companies that sell goods and services to consumers over the internet and through direct response marketing.