M&A Deal Summary

NBS Payment Solutions Acquires Equinox Payments

On February 6, 2014, NBS Payment Solutions acquired business services company Equinox Payments from The Gores Group

Acquisition Highlights
  • This is NBS Payment Solutions’ 1st transaction in the Business Services sector.
  • This is NBS Payment Solutions’ 1st transaction in the United States.
  • This is NBS Payment Solutions’ 1st transaction in Arizona.

M&A Deal Summary

Date 2014-02-06
Target Equinox Payments
Sector Business Services
Buyer(s) NBS Payment Solutions
Sellers(s) The Gores Group
Deal Type Add-on Acquisition

Target

Equinox Payments

Scottsdale, Arizona, United States
Equinox Payments offers a wide-array of payment terminals that serve as content delivery platforms in both customer-activated and merchant-activated settings.

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Buyer(S) 1

Buyer

NBS Payment Solutions

Toronto, Ontario, Canada

Category Company
Sector Business Services
DESCRIPTION

NBS Payment Solutions is based in Toronto, Canada and has been a leading provider of electronic payment solutions to the financial industry for over 25 years.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Arizona M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1

Seller(S) 1

SELLER

The Gores Group

Beverly Hills, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 4.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION
The Gores Group's headquarters in Beverly Hills, California.
The Gores Group's headquarters in Beverly Hills, California.

The Gores Group is a private equity firm focused on acquiring controlling interests in mature and growing businesses. Gores considers investments across Europe and North America and typically seeks non-core assets of public corporations. While Gores is a generalist investor, the firm has a particular interest in technology, telecommunications, business services, and industrial companies. The Gores Group was formed in 1987 and has offices in Beverly Hills, California, and Boulder, Colorado.


DEAL STATS #
Overall 41 of 67
Sector: Business Services M&A 4 of 5
Type: Add-on Acquisition M&A Deals 17 of 30
State: Arizona M&A 1 of 2
Country: United States M&A 33 of 53
Year: 2014 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-04 Melle Gallhöfer Dach

Neuss, Germany

Melle Gallhöfer Dach is a specialty distributor of roofing materials in Germany, maintaining an extensive multi-region branch network with a comprehensive product and service offering and excellent relations with their customers and suppliers. Melle Gallhöfer Dach was formed in 1986 and is based in Neuss, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-06 Fotona

Ljubljana, Slovenia

Fotona is a manufacturer of high-performance lasers for medical, dental, and aesthetic applications. The company sells these systems through a network of 70+ worldwide distributors and through a direct sales force in the United States. Fotona was established in 1964 and is headquartered in Ljubljana, Slovenia.

Buy -