Payix, which makes collections products, is expected to have revenue of up to $15 million this year. Founded in 2016, the acquired company’s software is described as a supporting “a wide range of payment options and modalities, and integrates into loan management systems ("LMS") and dealer management systems ("DMS") by providing a SaaS approach to collections technology.” Simultaneous with the deal, Repay said it increased its revolver capacity to $185 million from $125 million.