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  5. Altech NuPay Proprietary Acquires Delter IT Services

M&A Deal Summary

Altech NuPay Proprietary Acquires Delter IT Services

On December 15, 2015, Altech NuPay Proprietary acquired software company Delter IT Services

Acquisition Highlights
  • This is Altech NuPay Proprietary’s 1st transaction in the Software sector.
  • This is Altech NuPay Proprietary’s 1st transaction in South Africa.

M&A Deal Summary
Date 2015-12-15
Target Delter IT Services
Sector Software
Buyer(s) Altech NuPay Proprietary
Deal Type Add-on Acquisition

Target

Delter IT Services

Pretoria, South Africa
Delter IT Services is a software development company providing client management systems to micro lenders.

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Buyer(S) 1

Buyer

Altech NuPay Proprietary

Alberton, South Africa
Category Company
Founded 1998
Sector Internet Software and Services
DESCRIPTION

Altech NuPay Proprietary Ltd. is a provider of electronic payment solutions.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: South Africa M&A 1 of 1
Year: 2015 M&A 1 of 1
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