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  6. Berkeley Payment Solutions Acquires Pungle Canada

M&A Deal Summary

Berkeley Payment Solutions Acquires Pungle Canada

On October 23, 2019, Berkeley Payment Solutions acquired information technology company Pungle Canada

Acquisition Highlights
  • This is Berkeley Payment Solutions’ 1st transaction in the Information Technology sector.
  • This is Berkeley Payment Solutions’ 1st transaction in Canada.
  • This is Berkeley Payment Solutions’ 1st transaction in Ontario.

M&A Deal Summary
Date 2019-10-23
Target Pungle Canada
Sector Information Technology
Buyer(s) Berkeley Payment Solutions
Deal Type Add-on Acquisition

Target

Pungle Canada

Toronto, Ontario, Canada
Pungle Canada, Inc. is an innovative payments platform that enables frictionless, real-time transfers. Pungle Canada is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Berkeley Payment Solutions

Toronto, Ontario, Canada
Category Company
Sector Information Technology
DESCRIPTION

Berkeley Payment Solutions is a provider of mass-payment solutions to corporations looking to disburse funds to customers, employees, and suppliers via physical prepaid cards or virtual real-time payments. Berkeley Payment Solutions is based in Toronto. Ontario.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2019 M&A 1 of 1
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