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