M&A Deal Summary

Euronet Worldwide Acquires Smart PayNetwork S.A.

On December 6, 2011, Euronet Worldwide acquired information technology company Smart PayNetwork S.A.

Acquisition Highlights
  • This is Euronet Worldwide’s 1st transaction in the Information Technology sector.
  • This is Euronet Worldwide’s 1st transaction in Romania.

M&A Deal Summary
Date 2011-12-06
Target Smart PayNetwork S.A.
Sector Information Technology
Buyer(s) Euronet Worldwide
Deal Type Add-on Acquisition

Target

Smart PayNetwork S.A.

Bucharest, Romania
Smart PayNetwork S.A. is a provider of integrated ATM outsourcing services, card issuing and acquiring and POS merchant servicing solutions to financial institutions in Romania. PayNet operates 720 ATMs and 1,700 POS terminals and manages approximately 540,000 cards. PayNet processes approximately 15 million card transactions annually and is a certified VISA and MasterCard service provider.

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Buyer(S) 1

Buyer

Euronet Worldwide

Leawood, Kansas, United States
Category Company
Founded 1994
Sector Financial Services
Employees10,000
Revenue 3.7B USD (2023)
DESCRIPTION
Euronet's corporate headquarters in Leawood, Kansas.
Euronet's corporate headquarters in Leawood, Kansas.

Euronet Worldwide is a provider of payment and transaction processing solutions to financial institutions, retailers, service providers and individuals. Euronet Worldwide was incorporated in 1994 and is based in Leawood, Kansas.

DEAL STATS #
Overall 4 of 12
Sector (Information Technology) 1 of 3
Type (Add-on Acquisition) 4 of 10
Country (Romania) 1 of 1
Year (2011) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-20 cadooz

Hamburg, Germany

cadooz GmbH is a full-service provider of multi-choice gift certificates and cards for corporate incentive programmes.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-08 Pure Commerce Pty

Sydney, Australia

Pure Commerce Pty Ltd. is a provider of on-demand financial and payment solutions to banks, acquirers and multi-national corporates.

Buy -
Mergr

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