T-Chek Systems - Ownership and Business Overview

Internet Software And ServicesCompany

T-Chek Systems Ownership

Who owns T-Chek Systems?

T-Chek Systems is owned by Electronic Funds Source. It was acquired on October 16, 2012.

T-Chek Systems Business Overview

Where is T-Chek Systems headquartered?

T-Chek Systems is headquartered in Eden Prairie, Minnesota.

What sector is T-Chek Systems in?

T-Chek Systems is an internet software and services company.

When was T-Chek Systems founded?

T-Chek Systems was founded in 1967.

Internet Software And Services M&A Summary in 2012

Out of 60 sectors in the Mergr database, internet software and services ranked 2 in number of deals in 2012. The largest internet software and services acquisition in 2012 was Kayak Software - which was acquired by Booking Holdings for $1.8B.

Subscribe to Mergr to view all 451 acquisitions of internet software and services companies in 2012, including 38 acquisitions by private equity firms, and 413 by strategics.

Acquired by Electronic Funds Source LLC (Company) on 2012-10-16

T-Chek Systems, Inc.

14800 Charlson Road,
Eden Prairie, Minnesota 55347
United States,
(952)934-3413
www.t-chek.com

T-Chek Systems, Inc. is a business-to-business provider of spend management and payment processing services. T-Chek’s technology supports a variety of funds transfer, vendor payment, fuel purchasing, and online expense management tools. Historically, T-Chek has focused on the transportation industry with its major customer segments including the truckload, less-than-truckload, and private fleet industries, and truck stop chains. Due to changes in the industry, T-Chek has expanded its business further into the financial services sector, to include funds transfer and expense management for other industries through its MasterCard® product.

Company Summary

SECTOR

Internet Software and Services

Established

1967

Investor History
2012-10-16
Divestiture

303M USD

Electronic Funds Source LLC

C.H. Robinson Worldwide
1983-01-01
Add-on Acquisition

C.H. Robinson Worldwide

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