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M&A Deal Summary

EVERTEC Acquires BBR

On February 24, 2022, EVERTEC acquired information technology company BBR for 60M USD

Acquisition Highlights
  • This is EVERTEC’s 2nd transaction in the Information Technology sector.
  • This is EVERTEC’s 2nd largest (disclosed) transaction.
  • This is EVERTEC’s 2nd transaction in Chile.

M&A Deal Summary
Date 2022-02-24
Target BBR
Sector Information Technology
Buyer(s) EVERTEC
Deal Type Add-on Acquisition
Deal Value 60M USD

Target

BBR

Santiago, Chile
BBR is a Chile-based payment solutions and business technology company with operations in Peru. BBR's Transactional Solutions will allow transforming checkout into a Point of Service through the integration of multiple transactions in real-time mode, which will expand the offer of products and services available in stores. BBR was founded in 1995 and is based in Santiago, Chile.

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Buyer(S) 1

Buyer

EVERTEC

San Juan, Puerto Rico
Category Company
Founded 1988
Sector Information Technology
Employees4,800
Revenue 845M USD (2024)
DESCRIPTION

EVERTEC is a full-service transaction processing business in Latin America, providing a broad range of merchant acquiring, payment processing and business solutions services. EVERTEC was founded in 1988 and is based in San Juan, Puerto Rico.

DEAL STATS #
Overall 2 of 8
Sector: Information Technology M&A 2 of 8
Type: Add-on Acquisition M&A Deals 2 of 8
Country: Chile M&A 2 of 2
Year: 2022 M&A 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-03 EFT Gropu SA

Santiago, Chile

EFT Group SA (dba PayGroup) is a provider of payment processing and software services targeted primarily to financial institutions throughout Latin America.

Buy $39M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-22 Paysmart

Porto Alegre, Brazil

Paysmart provides issuer processing services and BIN Sponsorship services for prepaid programs under domestic and international schemes in Brazil. Paysmart was founded in 2004 and is based in Porto Alegre, Brazil.

Buy R$130M
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