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M&A Deal Summary

Paynear Solutions Pvt. Acquires GoSwift

On October 10, 2017, Paynear Solutions Pvt. acquired information technology company GoSwift

Acquisition Highlights
  • This is Paynear Solutions Pvt.’s 1st transaction in the Information Technology sector.
  • This is Paynear Solutions Pvt.’s 1st transaction in Singapore.

M&A Deal Summary
Date 2017-10-10
Target GoSwift
Sector Information Technology
Buyer(s) Paynear Solutions Pvt.
Deal Type Add-on Acquisition

Target

GoSwift

Singapore
GoSwift designs, deploys and operates Queue Management Services. GoSwift handles electronically/virtually queues of vehicles and people at traffic bottlenecks - border checkpoints, ports and tourist attractions.

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Buyer(S) 1

Buyer

Paynear Solutions Pvt.

Hyderabad, India
Category Company
Founded 2013
Sector Information Technology
DESCRIPTION

Paynear Solutions is India’s fastest growing FinTech Company that is revolutionizing the Payment Industry with its innovative solutions. The Indian Payment Industry is gearing up for the digital revolution. Paynear is a place that values discipline, efforts, precision, focus, quantified quality work, reliability, trust and accountability.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Singapore M&A 1 of 1
Year: 2017 M&A 1 of 1
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