Silver Point Leads $500 Million Term Loan Financing Supporting Acquisition of KUBRA by REPAY

On June 1, 2026, REPAY Holdings Corporation (NASDAQ: RPAY) completed its acquisition of KUBRA Data Transfer LTD. for a total deal value of $500 million. The acquisition was financed through a $500 million term loan led by Silver Point Capital, which also served as the Documentation Agent for the transaction. This financing package includes a $100 million revolving credit facility, aimed at facilitating the acquisition and refinancing REPAY's existing revolving credit facility.

REPAY is a prominent provider of integrated payment processing solutions, catering to various sectors that require specialized transaction processing. The acquisition of KUBRA, a leading provider of bill payment and customer communication management solutions, aligns with REPAY's strategy to enhance its scale and capabilities in the consumer bill payment space. KUBRA's extensive reach, serving over 40% of households in the United States and Canada, positions REPAY to significantly expand its customer base and service offerings. KUBRA's platform includes a range of solutions such as billing and payments, alerts and preference management, and artificial intelligence tools, which complement REPAY's existing technology offerings.

The strategic rationale behind the acquisition is clear: by integrating KUBRA's advanced customer experience management solutions with REPAY's payment processing infrastructure, the combined entity can deliver enhanced value to clients and consumers alike. This move not only strengthens REPAY's market position but also allows for the leveraging of KUBRA's established relationships with major utility and government entities, further solidifying REPAY's footprint in the bill payment sector.

The financing structure, with a significant term loan and a revolving credit facility, reflects the confidence that Silver Point Capital and other stakeholders have in the growth potential of the combined companies. As the demand for integrated payment solutions continues to rise, particularly in the utility and government sectors, REPAY's acquisition of KUBRA positions it well to capitalize on these trends.

Looking ahead, the acquisition is expected to have broader implications for the payment processing industry. As companies increasingly seek to streamline operations and enhance customer experiences, the integration of specialized service providers like KUBRA into larger payment platforms could become a prevalent trend. This transaction underscores the ongoing consolidation within the sector, suggesting that similar deals may emerge as firms strive to bolster their competitive advantages in an evolving market landscape.