Payroc Acquires Bluestone Payments, LLC: Global processor grows sales organization with acquisition
Payroc WorldAccess, LLC (“Payroc”), a leading merchant acquirer and global payment processing organization, announced the acquisition of Bluestone Payments, LLC. Founded by Linda Rossetti, Bluestone is an Independent Sales Organization launched in 2006. Bluestone provides payment programs to merchants through referral relationships in niche markets.
“I’m extremely excited to bring Bluestone into the Payroc family,” said Joe Natoli, EVP of Mergers & Acquisitions at Payroc. “I have known Linda for over 25 years and always had a great deal of respect for her. Linda has a great understanding of how our industry works, and in previous roles, she was instrumental in ensuring we had the latest products and services the payments ecosystem had to offer.”
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“I am thrilled to become part of the Payroc management team and look forward to expanding our 25+ year relationship,” said Linda Rossetti, Founder and President of Bluestone. “Our philosophies towards customer success are aligned and evident throughout our past experiences of accomplishments. Bluestone is and has always been a merchant advocate first and foremost. I am excited to be able to increase our customer offerings with Payroc’s technology stack and international reach, which will provide the opportunity to drive future growth for both our companies.”
Prior to creating Bluestone, Rossetti served as the President of Third-Party Relationships and the Senior Vice President of Strategic Initiatives for Global Payments Inc., building unique partnerships driving valuable benefits for all stakeholders. She was Co-Founder and senior executive of NOVA Information Systems (now known as Elavon) and held prior sales and sales management roles with National Data and Citicorp.