Area Development
i3 Verticals, the integrated payment and software solutions company, plans to expand its middle Volunteer State operations by establishing a new facility in Murfreesboro, Tennessee.

The company will invest approximately $500,000 and create 42 new jobs in Rutherford County with plans to renovate and occupy an 8,500-square foot facility. Construction on the new building will begin May 2018 and is expected to be completed by July 2018.

“We are delighted to be expanding i3 Verticals’ deep Middle Tennessee roots to Murfreesboro and Rutherford County,” Greg Daily, Chairman & CEO of i3 Verticals, said. “Our company was founded and has been largely capitalized in Middle Tennessee, and the region’s rapid growth has created a large, growing pool of talent and other resources."

“Rutherford County is a particularly attractive location for this important operations facility because it offers both an experienced and mature workforce and the ability to build our team locally over the longer term with qualified, technology-focused job seekers graduating from Middle Tennessee State University. We thank the State of Tennessee and Rutherford County for their efforts to facilitate this expansion,” he added.

“I want to thank i3 for its investment in Rutherford County and for creating 42 jobs in Murfreesboro,” Tennessee Department of Economic and Community Development Commissioner Bob Rolfe said. “Tennessee’s strong workforce and business-friendly environment make our state the perfect location for tech companies like i3 and I appreciate the company for its continued commitment to Middle Tennessee and for creating even more high-quality jobs for our state.”

“On behalf of the Murfreesboro City Council, I want to congratulate i3 Verticals for its decision to locate an operations center in our growing Fountains at Gateway,” Murfreesboro Mayor Shane McFarland said. “Attracting high-paying jobs to our city and more specifically to the Gateway district with its attractive location and amenities is bearing fruit with smart business decisions like this one. We are pleased to see this integrated payment processing and software operation coming to Murfreesboro.”