Investment Summary

Edenred Invests In Cardtrend Systems Sdn Bhd.

On October 15, 2014, Edenred invested in software company Cardtrend Systems Sdn Bhd.

Investment Highlights
  • This is Edenred’s 1st transaction in the Software sector.
  • This is Edenred’s 1st transaction in Malaysia.

Investment Summary

Date 2014-10-15
Target Cardtrend Systems Sdn Bhd.
Sector Software
Investor(s) Edenred
Deal Type Stake Purchase

Target

Cardtrend Systems Sdn Bhd.

Petaling Jaya,, Malaysia
Cardtrend Systems Sdn Bhd, a Malaysia-based provider of fuel card management software solutions. Cardtrend operates white-label fuel card programs on behalf of key oil & gas industry players that are based in Southeast Asia.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Edenred

Issy-les-Moulineaux, France

Category Company
Founded 1954
Sector Business Services
Employees12,320
Revenue 2.9B EUR (2024)
DESCRIPTION

Edenred is engaged in prepaid corporate services, designs and manages solutions that improve the efficiency of organizations and purchasing power to individuals. Edenred was founded in 1954 and is based in Issy-les-Moulineaux, France.


DEAL STATS #
Overall 10 of 19
Sector: Software M&A 1 of 2
Type: Stake Purchase M&A Deals 4 of 5
Country: Malaysia M&A 1 of 1
Year: 2014 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-15 Daripodarki

Moscow, Russia

Daripodarki, a major player in Russia’s mono-brand gift card resale market. Leveraging its unique offering of mono-brand gift cards for over 150 major brands , Daripodarki enables over 1,300 companies to reward their partners and employees on special occasions or during incentive campaigns.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-20 Union Tank Eckstein & Co. KG

Kleinostheim am Main, Germany

Union Tank Eckstein is an issuer of fuel cards for heavy vehicle fleets in Europe. UTA offers a card that can be used in a network of more than 34,000 affiliated service stations and a settlement solution of tolls.

Buy -