CFO of the Year: Tim Murphy readies strong balance sheet for acquisitive Repay
Tim Murphy, chief financial officer for payment processing company Repay, oversaw three acquisitions during 2020, a year in which card payment volume increased 42% to $15.2 billion and gross profit 44% to $113.6 million.
Repay’s 2020 adjusted net income was $43.7 million, up 11% over 2019, while total revenue was $155 million, an increase of 48% over 2019. The company was formed upon the closing of the merger of Hawk Parent Holdings LLC, whose subsidiaries included Repay Holdings LLC, with a subsidiary…
Tim Murphy, chief financial officer for payment processing company Repay, oversaw three acquisitions during 2020, a year in which card payment volume increased 42% to $15.2 billion and gross profit 44% to $113.6 million.
Repay’s 2020 adjusted net income was $43.7 million, up 11% over 2019, while total revenue was $155 million, an increase of 48% over 2019. The company was formed upon the closing of the merger of Hawk Parent Holdings LLC, whose subsidiaries included Repay Holdings LLC, with a subsidiary… Read MoreAtlanta Business News – Local Atlanta News | Atlanta Business Chronicle