Repay Holdings Corporation acquires KUBRA Data Transfer Ltd. for US$372M

On June 1, 2026, Repay Holdings Corporation ("REPAY") completed its acquisition of KUBRA Data Transfer Ltd. ("KUBRA") for US$372 million. The acquisition was financed through a combination of cash on hand and debt financing.

Headquartered in Mississauga, Ontario, KUBRA is a subsidiary of the Hearst Corporation, providing cloud-based customer experience and payment services.

REPAY is a United States-based, NASDAQ-listed provider of payment processing solutions.

McCarthy Tétrault LLP advised REPAY with a team led by Patrick Shea that included Chanelle Bristol, Meghan Noel, Maneet Kahlon, Deborah Kay (Corporate), Patrick McCay, James Chang (Tax), Vanessa Johnson, Shalini Walisundara Mudiyanselage (Financial Services), Debbie Salzberger, Lucinda Chitapain (Competition/Antitrust), Anthony Salandra, Sarah Murphy (Real Property and Planning), Selina Lee-Andersen, Gwenyth Wren (Environmental), Ben T. Aberant, Aliya Hemani (Labour and Employment), Kelleher Lynch, Julia Miller, Emmanuel Onyemachi (Pensions, Benefits & Executive Compensation), Vincent Yip (Intellectual Property), and Conrad Lee (Technology).