M&A Deal Summary

EVERTEC Acquires EFT Gropu SA

On July 3, 2017, EVERTEC acquired information technology company EFT Gropu SA for 39M USD

Acquisition Highlights
  • This is EVERTEC’s 1st transaction in the Information Technology sector.
  • This is EVERTEC’s 3rd largest (disclosed) transaction.
  • This is EVERTEC’s 1st transaction in Chile.

M&A Deal Summary

Date 2017-07-03
Target EFT Gropu SA
Sector Information Technology
Buyer(s) EVERTEC
Deal Type Add-on Acquisition
Deal Value 39M USD

Target

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.

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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 1 of 8
Sector: Information Technology M&A 1 of 8
Type: Add-on Acquisition M&A Deals 1 of 8
Country: Chile M&A 1 of 2
Year: 2017 M&A 1 of 1
Size (of disclosed) 3 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-24 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.

Buy $60M