Built by experienced payments operators.
Residual Payment Partners was founded by payments-industry executives with firsthand experience acquiring, integrating, managing, and exiting merchant residual portfolios. That operating experience informs every stage of our investment process—from underwriting and acquisition through portfolio management and exit.
Eric Pottebaum and Jonathan Turner previously served together on the senior leadership team of a former ISO focused on acquiring and managing merchant residual portfolios. During their tenure, the team built a disciplined acquisition and integration platform, completing 22 portfolio acquisitions over four years while maintaining attrition rates significantly below industry averages.
In 2023, Eric and Jonathan helped lead that company through a successful strategic sale, giving them firsthand experience across the full lifecycle of a payments business—from sourcing and underwriting acquisitions to integration, portfolio management, and ultimately, exit.
Today, Residual Payment Partners builds on that experience with a disciplined approach to acquiring and managing high-quality merchant residual portfolios. We combine rigorous underwriting, proven operational expertise, and a seller-focused transaction process designed to create long-term value for agents, ISOs, and our investors.
Eric Pottebaum & Jonathan Turner
Eric Pottebaum
- 25+ years of executive leadership experience in operations, business development, and organizational growth.
- Served as President of a former ISO (2015–2023), providing executive leadership that helped the company grow to process more than $4 billion in annual card volume.
- Led the company's operational strategy, including the acquisition and integration of 22 residual portfolios. Played an integral role in facilitating the company's successful sale in 2023.
- Built, managed, and scaled a national workforce of more than 800 employees supporting clients across the healthcare and hospitality industries.
- Graduate of Benedictine College.
Jonathan Turner
- 16+ years of experience in financial services, investment management, capital raising, and private market transactions.
- Managing partner of Invariant Investment Management, an independent fiduciary investment advisory firm serving high-net-worth individuals and families.
- Served as Chief Investment Officer of a former ISO (2020–2023), where he led capital raises to fund strategic merchant portfolio acquisitions and played a key role in the company's successful sale to an industry competitor.
- Active investor and operator in residual portfolios since 2020.
- Graduate of Penn State University.
Building long-term value through disciplined portfolio acquisition.
We acquire high-quality merchant residual portfolios at disciplined valuations and actively manage them with a focus on durability, performance, and long-term value creation. Our approach is designed to deliver attractive outcomes for the agents and ISOs who partner with us, provide consistent performance for our investors, and ensure continuity for the merchants within each portfolio.