Transaction · Payments · 2024

The Payments Group Holding / The Payments Group 2024

The Payments Group Holding acquired The Payments Group on August 1, 2024.

Target
The Payments Group
Acquirer
The Payments Group Holding
Announced
August 1, 2024
Sub-sector
Payments

Transaction overview

  • The Payments Group Holding announced the acquisition of The Payments Group on August 1, 2024.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Acquisition of four specialized fintech payment service providers to build a unified global payments platform with embedded finance and e-money capabilities across 190 countries.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
August 1, 2024
Acquirer
The Payments Group Holding (Strategic)
Sub-sector
Payments

Frequently asked questions

When did The Payments Group Holding announce the acquisition of The Payments Group?

The Payments Group Holding announced the acquisition of The Payments Group on August 1, 2024.

What sub-sector is The Payments Group in?

The Payments Group is tracked in the Payments sub-sector.

Sources

  • finanznachrichten.de /nachrichten-2024-11/63804557-eqs-news-the-payments-group-holding-gmbh-co-kgaa-veroeffentlichung-eines-zeitplans-zum-abschluss-der-transformation-in-ein-stark-wachsendes-profi-022.htm