Transaction · Treasury / Cash Management · 2026

Pepkor / Shop2Shop 2026

Pepkor acquired Shop2Shop on July 23, 2026.

Target: Shop2Shop
Acquirer: Pepkor
Announced: July 23, 2026
Sub-sector: Treasury / Cash Management

Transaction overview

Pepkor announced the acquisition of Shop2Shop on July 23, 2026.

Strategic rationale

Combine Flash and Shop2Shop to create a R21.3bn fintech business serving informal and SMB markets with integrated payments, cash management, and merchant services.

Deal terms & multiples

Deal value: Not disclosed
Target revenue: Not disclosed
Target EBITDA: Not disclosed
EV / Revenue: Not disclosed
EV / EBITDA: Not disclosed
Announcement: July 23, 2026
Acquirer: Pepkor (Strategic)
Sub-sector: Treasury / Cash Management

Sources

businessday.co.za /companies/2026-07-23-pepkor-doubles-down-on-informal-economy-with-plans-for-fintech-listing/

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