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.

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

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