Transaction · Payments · 2021

Euro Asia Pay / NexPay 2021

Euro Asia Pay Holdings Inc. acquired NexPay for $4M on October 20, 2021.

Target
NexPay
Acquirer
Euro Asia Pay Holdings Inc.
Deal value
$4M
Announced
October 20, 2021
Sub-sector
Payments

Transaction overview

  • Euro Asia Pay Holdings Inc. announced the acquisition of NexPay on October 20, 2021 for $4M.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Combines education-focused payment platforms to accelerate growth, leverage EAP's banking infrastructure, and expand addressable market in global education sector.

Deal terms & multiples

Deal value
$4M
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
October 20, 2021
Acquirer
Euro Asia Pay Holdings Inc. (Strategic)
Sub-sector
Payments

Frequently asked questions

How much did Euro Asia Pay Holdings Inc. pay for NexPay?

Euro Asia Pay Holdings Inc. acquired NexPay for $4M, announced on October 20, 2021.

When did Euro Asia Pay Holdings Inc. announce the acquisition of NexPay?

Euro Asia Pay Holdings Inc. announced the acquisition of NexPay on October 20, 2021.

What sub-sector is NexPay in?

NexPay is tracked in the Payments sub-sector.

Sources

  • finanznachrichten.de /nachrichten-2021-10/54249468-euro-asia-pay-holdings-inc-euro-asia-pay-signs-letter-of-intent-to-acquire-nexpay-296.htm