Onyx Payments, an H.I.G. Capital portfolio company, has inked two cross-border deals.
The Dallas-based company has acquired Net Trans Services and Worldwide Payment Systems. Terms of each deal remain undisclosed, but H.I.G. typically invests $10 million to $30 million of equity into companies with revenue ranging from $20 million to $100 million across multiple industries. The financial sponsor has about $15 billion in capital under management.