M&A transaction overview - assets.ey.com
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M&A transaction overview Q4 2020
Transcript of M&A transaction overview - assets.ey.com
M&A transaction overview Q4 2020
02 #payments M&A tracker
Date announced Target company Market Target description Buyer(s) Market
Enterprise value
(US$m)
Stake (%)
1 05–10–2020 SIA S.p.A. Italy SIA S.p.A. engages in the design, creation, and management of technology infrastructures and services for financial institutions, central banks, corporates, and the public sector.
Nexi S.p.A. Italy 5,400.00 100.0
2 06–10–2020 Klarna Bank AB (publ)
Sweden Klarna Bank AB (publ) provides payment and shopping solutions for consumers and merchants online in Sweden, Germany, Austria, Switzerland, Norway, and internationally.
Macy‘s, Inc. United States
– –
3 06–10–2020 Finablr PLC United Arab Emirates
Finablr PLC operates as a platform for B2B payments and foreign exchange solutions worldwide.
Prism Advance Solutions Limited; Royal STRATEGIC Partners
Switzerland 190.00 100.0
4 06–10–2020 Bankgirocentralen BGC AB
Sweden Bankgirocentralen BGC AB operates as a clearing house for mass payment solutions in Sweden.
P27 Nordic Payments Platform AB
Sweden – 100.0
5 06–10–2020 Ach Alert LLC United States
As of 6 October 2020, Ach Alert LLC operates as a subsidiary of Alkami Technology, Inc.
Alkami Technology, Inc.
United States
– 100.0
6 07–10–2020 IntegraPay Pty Ltd Australia IntegraPay Pty Ltd, a payment service provider, provides subscription, recurring, and in-video payment solutions for businesses, business management software providers, and banks.
Payrix Holdings, LLC
United States
– 100.0
7 09–10–2020 Wirecard UK & Ireland Ltd, Corporate Card Portfolio
Ireland As of 9 October 2020, Corporate Card Portfolio of Wirecard UK & Ireland Ltd was acquired by Paynetics AD.
Paynetics AD Bulgaria – 100.0
8 15–10–2020 Paystack Payments Limited
Nigeria Paystack Payments Limited, a technology company, provides payment processing services to businesses in Africa.
Stripe, Inc. United States
200.00 100.0
9 17–10–2020 TELEPASS S.p.A. Italy TELEPASS S.p.A. provides mobility payment solutions.
Partners Group Holding AG
Switzerland 2,524.72 49.0
10 20–10–2020 Solupay Consulting, Inc.
United States
Solupay Consulting, Inc. offers payment solutions.
VersaPay Corporation
Canada – 100.0
11 20–10–2020 Nextchampions Holding Ltd
United Kingdom
Nextchampions Holding Ltd owns and operates intellectual properties, software applications, and brands.
All Things Mobile Analytic Inc.
United States
– 100.0
12 21–10–2020 PayPoint Services Romania SRL
Romania PayPoint Services Romania SRL provides payment collection, electronic charging, and money transfer solutions in commercial points in Romania and internationally.
Innova Capital Sp. z o.o.
Poland 61.77 100.0
13 21–10–2020 Paysley United States
Paysley provides a payment platform which enables businesses to send payment requests from Short Message Service (SMS), Multimedia Messaging Service (MMS), emails, social media, and Quick Response (QR) codes for payment processing.
PaymentCloud Inc. United States
– –
14 22–10–2020 Wirecard North America, Inc. (nka:Wirecard North America, Inc.)
United States
Wirecard North America, Inc. provides payments technology services.
daVinci Payments, Inc.
United States
– 100.0
M&A
03 #payments M&A tracker
Date announced Target company Market Target description Buyer(s) Market
Enterprise value
(US$m)
Stake (%)
15 23–10–2020 CCV (Suisse, Schweiz, Svizzera, Switzerland) SA
Switzerland CCV (Suisse, Schweiz, Svizzera, Switzerland) SA provides payment infrastructure, such as payment terminals, cash registers, customer loyalty, and shopping card systems.
ConCardis GmbH Germany – 100.0
16 23–10–2020 Claman Global Limited
British Virgin Islands
Claman Global Limited offers multi-function cloud platforms for digital management and payment processing for businesses, events, virtual events, and e-commerce.
VG Investment Assets Holdings Incorporated
British Virgin Islands
13.40 17.8
17 24–10–2020 First Regents Banc Services & Equipment, LLC
United States
First Regents Banc Services & Equipment, LLC owns, operates, and manages ATMs for retail and financial institution markets.
Paramount Management Group LLC
United States
– 100.0
18 26–10–2020 Kyash Direct of Kyash Inc.
Japan Kyash Direct of Kyash Inc. comprises a debit prepaid card issuing platform that provides card issuing and payment processing functions by APIs.
Infcurion, Inc. Japan – 100.0
19 27–10–2020 YellowPepper USA, LLC
United States
YellowPepper USA, LLC offers mobile banking and payment solutions.
Visa Inc. United States
– –
20 29–10–2020 VINDI SERVIÇOS EM TECNOLOGIA DA INFORMAÇÃO LTDA.
Brazil VINDI SERVIÇOS EM TECNOLOGIA DA INFORMAÇÃO LTDA.
Locaweb Serviços de Internet S.A.
Brazil 31.18 100.0
21 29–10–2020 Lon Operations LLC United States
Lon Operations LLC, doing business as Bread and Bread Operations, develops a financing platform that enables users to pay for online purchases over time by monthly installment payments.
Alliance Data Systems Corporation
United States
450.00 100.0
22 30–10–2020 Market Pay France Market Pay provides mobile payment solutions for banking cards.
AnaCap Financial Partners LLP
United Kingdom
349.61 60.0
23 02–11–2020 Giact Systems, Inc. United States
Giact Systems, Inc. provides a risk service web platform for businesses to assess and manage risk in electronic payments.
Refinitiv US Holdings Inc.
United States
– 100.0
24 02–11–2020 Jgoo Limited United Kingdom
Jgoo Limited, a payment service provider, offers brands direct trading access to the Chinese market, connecting UK and European brands to Chinese shoppers and tourists.
Mode Global Holdings PLC
United Kingdom
– 45.0
25 03–11–2020 Digital Wallet Pty Ltd.
Australia Digital Wallet Pty Ltd. offers online payment services.
EFTPOS Payments Australia Ltd
– 100.0
26 05–11–2020 Shopkeep Inc. United States
Shopkeep Inc. provides point-of-sale hardware, cloud-based software, and analytics and payment processing for small- and medium-sized businesses (SMBs).
Lightspeed POS Inc. Canada 606.10 100.0
27 05–11–2020 Fincofex Limited United Kingdom
Fincofex Limited is an electronic money institution in the United Kingdom.
Swipe Wallet Ltd United Kingdom
– 100.0
28 06–11–2020 NGC US, LLC. United States
NGC US, LLC. offers plastic and electronic gift cards, prepaid cards, and physical and digital fulfilment solutions. The company offers gift card technology solutions, gift card API, and mobile payment applications.
Blackhawk Network Holdings, Inc.
United States
– 1.0
29 15–11–2020 Nets A/S Denmark Nets A/S provides digital payment services and related technology solutions in Denmark, Norway, Finland, Sweden, and the Baltic countries.
Nexi S.p.A. Italy 8618.83 100.0
M&A
04 #payments M&A tracker
Date announced Target company Market Target description Buyer(s) Market
Enterprise value
(US$m)
Stake (%)
30 17–11–2020 Carta Worldwide Inc. Canada Carta Worldwide Inc. provides transaction processing and payment technologies and services.
Mogo Inc. Canada 18.48 100.0
31 18–11–2020 Bluestone Payments, LLC
United States
Bluestone Payments, LLC offers products and services for businesses to accept electronic payments.
Payroc LLC. United States
– 100.0
32 19–11–2020 Verafin Inc. Canada Verafin Inc. develops cloud-based enterprise fraud detection and anti-money laundering software solutions for financial institutions in North America.
Nasdaq, Inc. United States
2,750.00 100.0
33 19–11–2020 The Good Till Co. Ltd.
United Kingdom
The Good Till Co Ltd. designs and develops EPOS software that runs on an IPad and combines interactive interface, stock management, reporting, loyalty programs, and online ordering services.
SumUp Payments Limited
United Kingdom
– 100.0
34 20–11–2020 Oltio (Pty) Ltd. South Africa Oltio (Pty) Ltd. develops and provides mobile banking and payment solutions.
Ukheshe Payment Solutions (Pty) Ltd.
South Africa
– 100.0
35 21–11–2020 Saudi Digital Payments Company Limited
Saudi Arabia Saudi Digital Payments Company Limited offers digital payment services.
The Western Union Company
United States
1,333.19 15.0
36 24–11–2020 Todo Cartões Brazil As of 24 November 2020, Todo Cartões operates as a subsidiary of InComm Inc.
InComm Inc. United States
– 100.0
37 26–11–2020 International Business Associates Group for Money Transfer Services (IBAG) S.A.E
Egypt International Business Associates Group for Money Transfer Services (IBAG) S.A.E provides money transfer and agency services in Egypt.
Al Ahly Capital Holding Company; Banque Misr
Egypt – 40.0
38 26–11–2020 i-movo Limited United Kingdom
i-movo Limited operates a digital voucher system that provides service-enabled vouchers to be distributed by SMS, email, direct mail, or mag-stripe card, and are accepted by retailers as a form of payment.
PayPoint plc United Kingdom
12.00 100.0
39 30–11–2020 Nordic Transaction Partner AB
Sweden Nordic Transaction Partner AB, trading as PayFunc, develops integrate solutions for payments and monetary transactions.
Intergiro Intl AB (publ)
Sweden – 100.0
40 01–12–2020 Upserve, Inc. United States
Upserve, Inc. develops a smart management assistant for restaurants.
Lightspeed POS Inc. Canada 430.28 100.0
41 02–12–2020 Smith Hamilton, Inc. United States
Smith Hamilton, Inc. is engaged in installing and providing physical security, electronic security, and solutions that include ATM and video teller networks, Teller Cash Recyclers, intrusion detection alarm system, and video surveillance systems for financial institutions.
Convergint Technologies LLC
United States
– 100.0
M&A
05 #payments M&A tracker
Date announced Target company Market Target description Buyer(s) Market
Enterprise value
(US$m)
Stake (%)
42 07–12–2020 International Smartcard Factory Company
Saudi Arabia International Smartcard Factory Company provides smart card personalization, mobile banking, digital wallets, instant card issuance, card chip migration consultancy, credit and debit processing, and card inventory tracking services.
IDEMIA France SAS France – 100.0
43 07–12–2020 Bit Capital Brazil Bit Capital offers an open banking platform that offers solutions for native integration to the financial ecosystem.
Ame Digital Brasil Ltda.
Brazil – 100.0
44 08–12–2020 Mosaic Software Ltd.
United Kingdom
Mosaic Software Ltd. provides digital payments software solutions and web-based services in the United Kingdom.
ClearCourse Partnership LLP
United Kingdom
– 100.0
45 09–12–2020 Cardtronics plc United States
Cardtronics plc provides automated consumer financial services through its network of automated teller machines (ATMs) and multi-function financial services kiosks.
Apollo Global Management, Inc.; Apollo Investment Fund IX; Apollo Overseas Partners (Delaware) IX, L.P.; Apollo Overseas Partners (Delaware 892) IX, L.P.; Apollo Overseas Partners IX, L.P.; Apollo Overseas Partners (Lux) IX SCSp
United States
2,383.90 80.5
46 09–12–2020 Lavego AG Germany Lavego AG offers payment cards processing services.
heidelpay GmbH Germany – 100.0
47 09–12–2020 4ward Serviços e Comércio de Equipamentos Ltda
Brazil 4ward Serviços e Comércio de Equipamentos Ltda provides payment solutions to FinTechs, marketplaces, sub-acquirers, and companies.
Carson Serviços Financeiros SA
Brazil – 100.0
48 10–12–2020 Sisow B.V. Netherlands Sisow B.V. operates as a payment service provider that enables customers to pay online.
Buckaroo B.V. Netherlands – 100.0
49 11–12–2020 Attra Pty Ltd. Australia As of 11 December 2020, operates as a subsidiary of Synechron, Inc
Synechron, Inc. United States
– 100.0
50 15–12–2020 EFTPOS Payments Australia Ltd.
Australia EFTPOS Payments Australia Ltd. operates a debit payment system and prepaid card system that govern and facilitate electronic payment transactions for shoppers and merchants in Australia.
BPAY Group Limited
Australia – 100.0
51 15–12–2020 NPP Australia Limited
Australia NPP Australia Limited develops and maintains a payments platform that helps banks, credit unions, building societies, FinTechs, and other organizations to support real-time payments for consumers, businesses, and government agencies.
BPAY Group Limited
Brazil – 100.0
52 15–12–2020 Expertus Inc. Canada Expertus Inc. provides cash management and payment solutions to the financial services industry in North America.
IBM Global Business Services Inc.
United States
– 100.0
M&A
06 #payments M&A tracker
M&A
Date announced Target company Market Target description Buyer(s) Market
Enterprise value
(US$m)
Stake (%)
53 15–12–2020 Poynt Co. United States
Poynt Co. operates a payment terminal and open commerce platform.
GoDaddy Inc. United States
365.00 100.0
54 16–12–2020 Bassilichi Central Eastern Europe
Serbia Bassilichi Central Eastern Europe builds, implements, and maintains electronic payment solutions.
TAS International S.A.
Switzerland 6.25 30.0
55 16–12–2020 Ondot Systems, Inc. United States
Ondot Systems, Inc. provides value-added mobile card service platforms to manage various aspects of payment cards and transactions, ranging from pre-authorization controls to real-time transaction alerting and management.
Fiserv, Inc. United States
– 100.0
56 20–12–2020 Krajowy Integrator Płatności S.A.
Poland Krajowy Integrator Płatności S.A. operates a platform that offers online payment services.
Bank Polska Kasa Opieki S.A.
United States
– 38.3
57 21–12–2020 Hub Pagamentos S.A
Brazil Hub Pagamentos S.A offers pre-payment related solutions.
Magazine Luiza S.A. Brazil – 100.0
58 23–12–2020 Huifu Payment Limited
China Huifu Payment Limited provides third-party payment services in Mainland China.
Purity Investment Limited
Cayman Islands
– 100.0
59 23–12–2020 21 Grams AB Sweden 21 Grams AB develops postal management software and services for mailers.
UnifiedPost Group S.A.
Belgium 48.79 100.0
60 28–12–2020 Global Loyalty division of Cxloyalty Group Holdings Inc
United States
As of 31 December 2020, Global Loyalty division of Cxloyalty Group Holdings Inc was acquired by JPMorgan Chase & Co. Global Loyalty division of Cxloyalty Group Holdings Inc is a loyalty technology solutions providing business.
JPMorgan Chase & Co.
United States
– 100.0
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