M&A Deal Summary

Bambora Group Acquires Beanstream Internet Commerce

On September 17, 2015, Bambora Group acquired internet software and services company Beanstream Internet Commerce from Digital River

Acquisition Highlights
  • This is Bambora Group’s 2nd transaction in the Internet Software and Services sector.
  • This is Bambora Group’s 1st transaction in Canada.
  • This is Bambora Group’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2015-09-17
Target Beanstream Internet Commerce
Sector Internet Software and Services
Buyer(s) Bambora Group
Sellers(s) Digital River
Deal Type Divestiture

Target

Beanstream Internet Commerce

Victoria, British Columbia, Canada
Beanstream Internet Commerce, Inc. is a provider of payment, risk management and authentication solutions to companies and institutions.

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Buyer(S) 1

Buyer

Bambora Group

Stockholm, Sweden

Category Company
Founded 1983
Sector Financial Services
Revenue 202M EUR (2016)
DESCRIPTION

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.


DEAL STATS #
Overall 4 of 5
Sector (Internet Software and Services) 2 of 2
Type (Divestiture) 2 of 3
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2015) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-01 Samport Payment Services AB

Stockholm, Sweden

Samport Payment Services AB is a suppliers of payment solutions and terminal products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-12 DevCode Payment

Stockholm, Sweden

DevCode Payment offers a flexible payment platform that helps multinational companies manage, analyze and optimize their payments in real time. DevCode Payment consists of three different solutions that can be offered separately or together, including PaymentIQ, AccountIQ and VaultIQ. PaymentIQ handles transactions worth around 385 million Canadian dollars a month and supports over 250 payment methods for credit cards, e-wallets and direct payments. AccountIQ is a reconciliation tool in which payment flows are matched and synced automatically. VaultIQ is a security tool that guarantees the highest level of security based on regulatory requirements.

Buy -

Seller(S) 1

SELLER

Digital River

Minnetonka, Minnesota, United States

Category Company
Founded 1994
Sector Internet Software and Services
Employees1,317
Revenue 390M USD (2013)
DESCRIPTION

Digital River is an online business for software and game publishers, consumer electronics manufacturers, distributors, online retailers, and affiliates. Its multi-channel commerce solution, which supports both direct and indirect sales, is designed to help companies of all sizes maximize online revenues as well as reduce the costs and risks of running a global commerce operation. Digital River was founded in 1994 and is based in Minnetonka, Minnesota.


DEAL STATS #
Overall 2 of 4
Sector (Internet Software and Services) 1 of 3
Type (Divestiture) 2 of 4
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2015) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-03 CCNow

Minnetonka, Minnesota, United States

CCNow, Inc. is a provider of online retail services. The Company was formed in 1996 and is based in Minnetonka, Minnesota.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-08 Mapp Digital

San Diego, California, United States

Mapp Digital helps companies break away from the pack without breaking the bank. Mapp Cloud is a badass digital marketing platform that combines customer acquisition and engagement into one simple platform, with built-in, cross-channel capabilities. Underlying Mapp Cloud is Mapp's native customer data platform (CDP) that enables campaigns to draw from real-time, unified customer data, so marketers can be one step ahead of their customer. Mapp also offers an email marketing platform, Mapp Empower, designed for digital agencies. Mapp Digital was founded in 2000 and is based in San Diego, California.

Sell -