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.

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
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
October 20, 2021
Acquirer
Euro Asia Pay Holdings Inc. (Strategic)
Sub-sector
Payments

Sources

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