04:39 PM EDT, 06/03/2024 (MT Newswires) -- CSG Systems International ( CSGS ) said Monday it has acquired iCheckGateway.com, an automated clearing house and credit card payment processing company, for an upfront price of $17 million as part of its diversification strategy.

CSG said it expects the deal to be accretive to its 2024 profitability. iCJ had $9.5 million in revenue less transaction fees last year.

Price: 43.92, Change: +1.61, Percent Change: +3.81