M&A Deal Summary

JHP Enterprises Acquires Pos Movil

On January 2, 2017, merchant bank JHP Enterprises acquired information technology company Pos Movil

Acquisition Highlights
  • This is JHP Enterprises’ 1st transaction in the Information Technology sector.
  • This is JHP Enterprises’ 1st transaction in Guatemala.

M&A Deal Summary

Date 2017-01-02
Target Pos Movil
Sector Information Technology
Buyer(s) JHP Enterprises
Deal Type Buyout (LBO, MBO, MBI)

Target

Pos Movil

Guatemala, Guatemala
Pos Movil is a developer of the electronic payment platform, PAQ, enabling retail stores in South America to reduce reliance on cash payments. Pos Movil was founded in 2011 and is based in Guatemala City.

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Buyer(S) 1

Buyer

JHP Enterprises

Norwalk, Connecticut, United States

Investor


Category Merchant Bank
Founded 1988
Size Small
Type Sector Agnostic
DESCRIPTION

JHP Enterprises is a merchant bank and advisory firm. JHP provides management consulting and investment banking advisory services to private equity investors, companies and entrepreneurs in the United States, Latin America and Europe. JHP also sponsors and participates as principals in buyouts, restructurings and development capital transactions. JHP Enterprises was formed in 1988 and has offices in New Canaan, Connecticut and Barcelona, Spain.


DEAL STATS #
Overall 4 of 4
Sector: Information Technology M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 4 of 4
Country: Guatemala M&A 1 of 1
Year: 2017 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-02 SimpleLab

Berkeley, California, United States

SimpleLab provides consumers with simple options for sophisticated laboratory testing services pertaining to health and environmental contaminant monitoring. SimpleLab is based in Berkeley, California.

Buy -