M&A Deal Summary

Nets Acquires Payzone Nordic AB

On August 12, 2014, Nets acquired technology hardware company Payzone Nordic AB

Acquisition Highlights
  • This is Nets’ 1st transaction in the Technology Hardware sector.
  • This is Nets’ 1st transaction in Sweden.

M&A Deal Summary

Date 2014-08-12
Target Payzone Nordic AB
Sector Technology Hardware
Buyer(s) Nets
Deal Type Add-on Acquisition

Target

Payzone Nordic AB

Stockholm, Sweden
Payzone Nordic AB was a provider of customised payment services to the retail, hotel and restaurant sectors. Payzone Nordic was established in 1989 and was based in Stockholm, Sweden.

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Buyer(S) 1

Buyer

Nets

Ballerup, Denmark

Category Company
Founded 1968
Sector Financial Services
DESCRIPTION

Nets is a payments processing utility for the Nordics region. Nets connects banks, businesses, public sector organizations, merchants and consumers through an international network facilitating digital payments. Nets was founded in 1968 and is based in Ballerup, Denmark.


DEAL STATS #
Overall 1 of 7
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 4
Country: Sweden M&A 1 of 2
Year: 2014 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-03 Paytrail Oyj

Jyväskylä, Finland

Paytrail Oyj is a Finnish based e-commerce payment service provider (PSP).

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