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M&A Deal Summary

Euronet Worldwide Acquires Telecom Net S.A.

On September 1, 2010, Euronet Worldwide acquired distribution company Telecom Net S.A. from Darby Overseas Investments

Acquisition Highlights
  • This is Euronet Worldwide’s 1st transaction in the Distribution sector.
  • This is Euronet Worldwide’s 1st transaction in Brazil.

M&A Deal Summary
Date 2010-09-01
Target Telecom Net S.A.
Sector Distribution
Buyer(s) Euronet Worldwide
Sellers(s) Darby Overseas Investments
Deal Type Add-on Acquisition

Target

Telecom Net S.A.

Sao Paulo, Brazil
Telecom Net S.A. (dba Ativi) is a distributor of electronic prepaid products and bill payment services via a network of over 14,000 retail locations throughout Brazil.

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Buyer(S) 1

Buyer

Euronet Worldwide

Leawood, Kansas, United States
Category Company
Founded 1994
Sector Financial Services
Employees10,600
Revenue 4.0B USD (2024)
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 founded in 1994 and is based in Leawood, Kansas.

DEAL STATS #
Overall 2 of 13
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 10
Country: Brazil M&A 1 of 1
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-17 Euronet Essentis

Watford, United Kingdom

Euronet Essentis Ltd. is a provider of payment solutions for card issuing and merchant acquiring around the world. Essentis provides proven card issuing and merchant management products, delivering reliability and scalability to high profile customers internationally.

Sell -
FOLLOWING 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 -

Seller(S) 1

SELLER

Darby Overseas Investments

Washington, District of Columbia, United States
Category Private Equity Firm
Founded 1994
Size Large
Type Sector Agnostic
DESCRIPTION

Darby Overseas Investments is an emerging markets investment firm that sponsors and manages private equity, mezzanine finance, and fixed-income funds for institutional investors and high-net-worth individuals. Darby targets investments in Latin/South America, Asia, and Europe. Sectors of interest include consumer products, specialty retail, distribution, packaging, hotel management, energy, financial services, media and publishing. Darby was formed in 1994 and is based in Washington DC.

DEAL STATS #
Overall 2 of 10
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 5
Country: Brazil M&A 1 of 2
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-30 Controladora Vertice S.A. de C.V.

Mexico

Controladora Vertice, S.A. de C.V. through its subsidiary provides mortgage and construction lending services. The company is based in Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-01 SFO Technologies

Kochi, India

SFO Technologies designs and manufactures micro-electronics, populated PCBs, optical components for broadband networks, power electronics systems, connectors, cables, subsystems and micro circuit assemblies used in products like MRI, ultrasound scanners, X-ray generators, set top boxes for cable TV, etc. SFO Technologies was founded in 1990 and is based in Kochi, Kerala.

Buy -
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