M&A Deal Summary

Access PaySuite Acquires Pay360

On September 16, 2022, Access PaySuite acquired information technology company Pay360 from Capita for 150M GBP

Acquisition Highlights
  • This is Access PaySuite’s 1st transaction in the Information Technology sector.
  • This is Access PaySuite’s largest (disclosed) transaction.
  • This is Access PaySuite’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2022-09-16
Target Pay360
Sector Information Technology
Buyer(s) Access PaySuite
Sellers(s) Capita
Deal Type Divestiture
Deal Value 150M GBP

Target

Pay360

London, United Kingdom
Pay360 offers its customers gateway and acquiring services and a depth and breadth of payment solutions across the payments value chain, servicing a wide range of public and private sector clients. Pay360 is based in London, United Kingdom.

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Buyer(S) 1

Buyer

Access PaySuite

Singapore, Singapore
Category Company
Sector Software
DESCRIPTION

Access PaySuite is a provider of business management software to mid-sized organisations in the UK, Ireland, and Asia Pacific. It helps more than 60,000 customers across commercial and not-for-profit sectors become more productive and efficient. Access PaySuite is based in Singapore.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Capita

London, United Kingdom
Category Company
Founded 1984
Sector Business Services
Employees43,000
Revenue 2.8B GBP (2023)
DESCRIPTION

Capita is a provider of business process services, driven by data, technology, and people. The Company delivers innovative, digitally enabled solutions to transform and simplify the connections between government and citizens, businesses and customers. Capita operates across two divisions – Capita Public Service and Capita Experience – in the UK, Europe, India, and South Africa. Capita was formed in 1984 and is based in London, England.

DEAL STATS #
Overall 16 of 20
Sector (Information Technology) 2 of 2
Type (Divestiture) 15 of 19
Country (United Kingdom) 15 of 19
Year (2022) 4 of 4
Size (of disclosed) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-02 Capita Real Estate and Infrastructure

London, United Kingdom

Capita Real Estate and Infrastructure provides specialist advisory, design, engineering, environmental, and project management services for land, building, and infrastructure owners. Capita Real Estate and Infrastructure is based in London, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-06 Capita Resourcing

London, United Kingdom

Capita Resourcing is a provider of human capital resourcing services to both the public and private sectors. Capita Resourcing was founded in 2000 and is based in London, United Kingdom.

Sell £21M
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