Ark Financial Services Acquired by AtlasClear Holdings | Financial Services M&A Deal

AtlasClear Holdings has acquired Ark Financial Services, a payments processing business in Florida, for $45 million. AtlasClear Holdings acquires Ark Financial Services to expand investment banking and capital markets capabilities while strengthening payments processing workflows for financial services clients. Ark Financial Services supports payment-related services that can be integrated into AtlasClear Holdings acquisitions and FL acquisitions strategy across Florida markets. The add on acquisition is structured as a strategic acquisition and is expected to close following customary financial services M&A steps, with deal size reported in the $25 million to $50 million range.