Add-on Acquisition • Information Technology

Onyx CenterSource Acquires Worldwide Payment Systems S.A.

On October 20, 2014, Onyx CenterSource acquired information technology company Worldwide Payment Systems S.A.

Acquisition Context
  • This is Onyx CenterSource’s 1st transaction in the Information Technology sector.
  • This is Onyx CenterSource’s 1st transaction in Spain.

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M&A Deal Summary

Date October 20, 2014
Target Worldwide Payment Systems S.A.
Sector Information Technology
Buyer(s) Onyx CenterSource
Deal Type Add-on Acquisition

Target Company

Worldwide Payment Systems S.A.

Seville, Spain
Worldwide Payment Services (WPS), is a provider of international payment processing.
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Buyer Overview 1

Buyer

Onyx CenterSource

Dallas, Texas, United States

Category Company
Founded 1992
Sector Business Services
DESCRIPTION

Onyx CenterSource is a processor of commissions paid by hotels to travel agencies. Onyx CenterSource operates a global payment network and provides its hotel and travel agency customers with services including commission receipt and disbursement, foreign currency exchange, and reconciliation and tracking. Onyx CenterSource was founded in 1992 and is based in Dallas, Texas.


Deal Context for Buyer #
Overall 2 of 2
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 2 of 2
Country: Spain 1 of 1
Year: 2014 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-20 Net Trans Services AS

Tonsberg, Norway

Net Trans Services AS provides a complete hotel commission recovery and reconciliation services for travel agencies and other hotel booking professionals worldwide.

Buy -