M&A Deal Summary

Entersekt Acquires Modirum 3-D Secure Payment Solutions

On December 12, 2023, Entersekt acquired information technology company Modirum 3-D Secure Payment Solutions from Modirum

Acquisition Highlights
  • This is Entersekt’s 1st transaction in the Information Technology sector.
  • This is Entersekt’s 1st transaction in Estonia.

M&A Deal Summary
Date 2023-12-12
Target Modirum 3-D Secure Payment Solutions
Sector Information Technology
Buyer(s) Entersekt
Sellers(s) Modirum
Deal Type Divestiture

Target

Modirum 3-D Secure Payment Solutions

Tallinn, Estonia
Modirum 3-D Secure Payment Solutions is a cloud-based 3-D Secure (3DS) technologies and services authenticate digital payment transactions globally in numerous payment systems, hundreds of issuers, and thousands of merchants, as well as enable 3DS transactions for hundreds of millions of cardholders.

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Buyer(S) 1

Buyer

Entersekt

Cape Town, South Africa
Category Company
Founded 2008
Sector Information Technology
DESCRIPTION

Entersekt is a provider of strong device identity and customer authentication software. Financial institutions and other large enterprises in countries across the globe rely on its multi-patented technology to communicate with their clients securely, protect them from fraud, and serve them convenient new experiences irrespective of the channel or device in use. Entersekt was founded in 2008 and is based in Cape Town, South Africa.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
Country (Estonia) 1 of 1
Year (2023) 1 of 1

Seller(S) 1

SELLER

Modirum

Tallinn, Estonia
Category Company
Founded 1997
Sector Information Technology
DESCRIPTION

Modirum is a technology provider delivering innovative digital solutions and services, across diverse industries. We empower our customers in fintech, banking, defense, aerospace, governments, and beyond to boost complex challenges, reduce costs, optimize operations, and drive growth in the increasingly competitive global market. Modirum was founded in 1997 and is based in Tallinn, Estonia.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
Country (Estonia) 1 of 1
Year (2023) 1 of 1
Mergr

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