Repay to Acquire KUBRA for Approximately $372M

Repay Holdings Corporation has entered into a definitive agreement to acquire KUBRA for approximately $372 million in an all-cash transaction. The deal combines Repay’s integrated payment processing platform with KUBRA’s customer communication and bill payment solutions.

KUBRA serves more than 250 clients and reaches over 40% of households in the United States and Canada. Repay expects the combined business to process more than $130 billion in annual payment volumes, generating approximately $548 million in revenue and $178 million in adjusted EBITDA based on 2025 figures.

The transaction is expected to close in Q2 2026, subject to U.S. and Canada regulatory approvals, and will be funded with cash on hand plus debt financing including a $500 million term loan commitment and a $100 million revolving credit facility.