M&A Deal Summary

Paymentez Acquires SpeedETab

On May 18, 2017, Paymentez acquired internet software and services company SpeedETab

Acquisition Highlights
  • This is Paymentez’s 1st transaction in the Internet Software and Services sector.
  • This is Paymentez’s 1st transaction in the United States.
  • This is Paymentez’s 1st transaction in Florida.

M&A Deal Summary

Date 2017-05-18
Target SpeedETab
Sector Internet Software and Services
Buyer(s) Paymentez
Deal Type Add-on Acquisition

Target

SpeedETab

Fort Lauderdale, Florida, United States
SpeedETab is a provider of cloud based platform for mobile ordering, mobile payments, and analytics for the food service industry. Thousands of customers use the SpeedETab platform on a daily basis to order and pay for food, drinks, and concessions at hundreds of locations across the United States.

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Buyer(S) 1

Buyer

Paymentez

Miami, Florida, United States

Category Company
Founded 2008
Sector Internet Software and Services
DESCRIPTION

Paymentez provides a breadth of payment solutions to merchants and financial institutions, including gateway, white-labeling, card acquiring and prepaid card options. Paymentez supports high-growth eCommerce verticals including online games, delivery platforms, mobility, transportation, sports, as well as other segments throughout Latin America. Paymentez was founded in 2008 and is based in Miami, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1