M&A Deal Summary

Ingenico Acquires Bambora Group

On July 20, 2017, Ingenico acquired financial services company Bambora Group from Nordic Capital for 1.5B EUR

Acquisition Highlights
  • This is Ingenico’s 2nd transaction in the Financial Services sector.
  • This is Ingenico’s largest (disclosed) transaction.
  • This is Ingenico’s 1st transaction in Sweden.

M&A Deal Summary

Date 2017-07-20
Target Bambora Group
Sector Financial Services
Buyer(s) Ingenico
Sellers(s) Nordic Capital
Deal Type Add-on Acquisition
Deal Value 1.5B EUR

Target

Bambora Group

Stockholm, Sweden
website
Bambora Group is a provider of quick and secure card acquiring solutions in Scandinavia with a strong market position in eCommerce and Nordic Retail. Bambora has built a sophisticated portfolio of services that include simplification of payment processes, multi-currency support and risk management support. Bambora Group was founded in 1983 and is based in Stockholm, Sweden.

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Buyer(S) 1

Buyer

Ingenico

Paris, France

website


Category Company
Founded 1980
Sector Financial Services
Employees7,610
Revenue 2.6B EUR (2018)
DESCRIPTION

Ingenico is a provider of payment solutions, enabling banks and merchants to manage their payment activities across all sales channels (in-store, on-line and mobile). Ingenico was founded in 1980 and is based in Paris, France.


DEAL STATS #
Overall 14 of 17
Sector (Financial Services) 2 of 2
Type (Add-on Acquisition) 11 of 13
Country (Sweden) 1 of 1
Year (2017) 2 of 4
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-30 TechProcess Solutions

Mumbai, India

TechProcess Solutions Ltd. is an online and mobile payment services provider. TechProcess Solutions Ltd. was established in 2000 and is headquartered in Mumbai, India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-17 IECISA Electronic Payment System

Madrid, Spain

IECISA Electronic Payment System has developed close relationships with many of the top Spanish retailers and has become the leading provider of in-store gateway services in Spain. Today IECISA Electronic Payment System provides payment acceptance solutions and in-store gateway services under a software-as-a-service (SaaS) model through its proprietary PCI-DSS-certified platform. IECISA Electronic Payment System processes some 360 million transactions each year from an installed base of 46,000 terminals deployed in various sectors, including retail, supermarkets, tourism, leisure or public administration.

Buy -

Seller(S) 1

SELLER

Nordic Capital

Stockholm, Sweden

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1989
PE ASSETS 30.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Nordic Capital is a private equity investment firm that targets mid to large-sized company investments located in Northern Europe as well as the US. Nordic seeks investments across a wide range of industries and prefers situations where there are 'opportunities for new industrial combinations, strategic repositioning, international expansion and operational improvements'. Nordic Capital was formed in 1989 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 56 of 76
Sector (Financial Services) 2 of 4
Type (Add-on Acquisition) 16 of 23
Country (Sweden) 31 of 40
Year (2017) 4 of 7
Size (of disclosed) 4 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-29 Lagkagehuset

Copenhagen, Denmark

Lagkagehuset is a premium bakery and food-service chain in Denmark with 67 stores, and a newly established presence in the UK. The company operates a premium concept focusing on high-quality artisanal breads, cakes and pastries as well as other food, teas and coffee. Its unique offering, quality products and proven concept are based on a business model with in-house bakery production and a scalable roll-out strategy. The stores in the UK, trading under the "Ole & Steen" brand, are the first phase of an international roll out and prove that the business model is highly scalable. Lagkagehuset was founded in 1991 and is based in Copenhagen, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-07 MFEX Mutual Funds Exchange AB

Stockholm, Sweden

MFEX Mutual Funds Exchange AB is an on-line mutual fund supermarket for retail investors under the name "Fondmarknaden.se". MFEX has developed a seamless electronic platform for online information, payments of trail fees and on-line execution and settlement of funds for Fondmarknaden.se. MFEX Mutual Funds Exchange was founded in 1998 and is based in Stockholm, Sweden.

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