Add-on Acquisition • Information Technology

Fexco Acquires FLASHiZ International S.A.

On October 22, 2013, Fexco acquired information technology company FLASHiZ International S.A.

Acquisition Context
  • This is Fexco’s 1st transaction in the Information Technology sector.
  • This is Fexco’s 1st transaction in Luxembourg.

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M&A Deal Summary

Date October 22, 2013
Target FLASHiZ International S.A.
Sector Information Technology
Buyer(s) Fexco
Deal Type Add-on Acquisition

Target Company

FLASHiZ International S.A.

Luxembourg, Luxembourg
FLASHiZ International S.A. is a universal payment solution meeting all payment needs in shops, on the Internet, between end consumers (transfer of cash) as well as payment of paper invoices.
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Buyer Overview 1

Buyer

Fexco

Kerry, Ireland

Category Company
Founded 1981
Sector Financial Services
Employees2,000
DESCRIPTION

Fexco Ltd. is a multinational finance and business solutions provider.


Deal Context for Buyer #
Overall 1 of 3
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 1 of 3
Country: Luxembourg 1 of 1
Year: 2013 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-21 InterCash Bureau de Change

Portsmouth, United Kingdom

InterCash Bureau de Change Ltd. provides foreign exchange services.

Buy -