Add-on Acquisition • Software

Altech NuPay Proprietary Acquires Delter IT Services

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

Acquisition Context

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

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

Target Company

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 Overview 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 Context for Buyer	#
Overall	1 of 1
Sector: Software	1 of 1
Type: Add-on Acquisition	1 of 1
Country: South Africa	1 of 1
Year: 2015	1 of 1

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