Target | Sepay |
Advisory sell side | ING | M&A Advisory |
Buyer | Buckaroo |
Advisory buy side | Meijburg & Co | Tax Advisory Loyens & Loeff | Tax Advisory Loyens & Loeff | Legal Advisory Corporate M&A KPMG | Financial Due Diligence YieldDD | Software Due Diligence |
Involved | Keensight Capital |
Date announced | 2022-07-11 |
Data Room provider | Virtual Vaults |
Story:
Dutch financial institution Buckaroo, backed by Keensight Capital, a private equity manager specializing in pan-European growth buyout investments and with the manager of Buckaroo's lead investor SEPAY, has acquired Benelux-based point-of-sale (PoS) payment solutions provider SEPAY.
Buckaroo sees the acquisition as a strategic move to further strengthen its position in the SME market and provide omni-channel payment solutions to its existing and new customers. SEPAY is Buckaroo's second strategic acquisition after Sisow in 2021. The combined group will serve 27,000 clients and process a transaction volume of around € 10 billion.
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