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.
  • The deal is expected to close pending customary conditions.

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)

Frequently asked questions

When did Pepkor announce the acquisition of Shop2Shop?

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

What sub-sector is Shop2Shop in?

Shop2Shop is tracked in the Treasury / Cash Management sub-sector.

Sources

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