INDIANAPOLIS: Theatre Capital has acquired AllPaid Inc., a leading provider of secure digital payment solutions for government agencies and municipalities across the United States. The acquisition marks a strategic move by Theatre Capital to expand its portfolio of transformative technology investments.
Founded in 1999 and headquartered in Indianapolis, AllPaid enables citizens to make secure payments for court fees, fines, permits, licenses and utilities through web, mobile, phone and point-of-sale channels. The company’s platform integrates with agency systems and is trusted by hundreds of state and local government entities nationwide.
To lead AllPaid into its next phase of growth, Geoff Knapp has been appointed chief executive officer. Knapp brings more than 20 years of experience in fintech and SaaS, having previously served as CEO of Allied Payment Network and held senior roles at 2Checkout, Fiserv and CheckFree.
“As state and local governments face growing demands for secure, user-friendly digital services, AllPaid is uniquely positioned to meet those needs,” Knapp said in a statement.
“I’m excited to join this outstanding team as we expand the platform, deepen our customer partnerships and continue to innovate on behalf of agencies and their constituents.”
Theatre Capital led the transaction, with additional equity financing provided by LoneTree Capital. The investment aims to accelerate AllPaid’s product innovation and market expansion.
Knapp is known for building high-performing teams and driving operational excellence, customer success and profitable growth. His appointment underscores AllPaid’s commitment to delivering exceptional value to its government partners.
Theatre Capital specializes in growth investments in technology companies, having closed more than 50 deals over the past two decades.