M&A Deal Summary

Concardis Acquires PCS PayCard Service

On December 19, 2017, Concardis acquired information technology company PCS PayCard Service

Acquisition Highlights
  • This is Concardis’ 4th transaction in the Information Technology sector.
  • This is Concardis’ 4th transaction in Germany.

M&A Deal Summary

Date 2017-12-19
Target PCS PayCard Service
Sector Information Technology
Buyer(s) Concardis
Deal Type Add-on Acquisition

Target

PCS PayCard Service

Mannheim, Germany
PCS PayCard Service GmbH is a provider of cashless payments solutions. PCS PayCard Service GmbH was established in 1996 and is based in Mannheim, Germany.

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Buyer(S) 1

Buyer

Concardis

Eschborn, Germany

Category Company
Founded 2003
Sector Information Technology
DESCRIPTION

Concardis is a payment service provider that offers intelligent solutions to meet the extensive requirements for a modern cashless payment process the ability to accept payments made with all major credit and debit cards, including card terminals and contactless payment processes for face-to-face retailers, innovative solutions for e-commerce and m-commerce, as well as support in the form of customer management. Concardis was founded in 2003 and is based in Eschborn, Germany.


DEAL STATS #
Overall 4 of 4
Sector: Information Technology M&A 4 of 4
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Germany M&A 4 of 4
Year: 2017 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-19 Simplepay

Mannheim, Germany

Simplepay GmbH is a developer and provider of debit and credit card payments terminals for retail point of sale facilities. Simplepay GmbH was established in 2010 and is based in Mannheim, Germany.

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