M&A Deal Summary

PayPoint Acquires Appreciate Group

On February 28, 2023, PayPoint acquired financial services company Appreciate Group

Acquisition Highlights
  • This is PayPoint’s 1st transaction in the Financial Services sector.
  • This is PayPoint’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2023-02-28
Target Appreciate Group
Sector Financial Services
Buyer(s) PayPoint
Deal Type Add-on Acquisition

Target

Appreciate Group

Liverpool, United Kingdom
Appreciate Group is a multi-retailer voucher and prepaid gift card business, focused on the corporate gift and Christmas savings markets and sales are generated through the internet, our direct sales force and agents. Appreciate Group was incorporated in 1967 and is based in Liverpool, the United Kingdom.

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Buyer(S) 1

Buyer

PayPoint

Hertfordshire, United Kingdom

Category Company
Founded 1996
Sector Financial Services
DESCRIPTION

PayPoint plc operate market major national networks across 40,000 convenience stores in the UK and Romania so that our customers are always close to a PayPoint store. At these locations, as well as at home or on the move, people use us to better control their household finances, make essential payments and use in-store services, like parcel drop and collect.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-20 PayPoint Services Romania

Bucharest, Romania

PayPoint Services Romania is a cash payments operator through its network of branded terminals in local shops. PayPoint launched its cash payments service in Romania and has grown a substantial portfolio of supplier partners from a wide range of different industries. There are currently over 18.000 PayPoint terminals countrywide and the company has partnered with over 170 major suppliers of telecom, utilities, transportation, security, and financial services. PayPoint was founded in 2008 and is based in Bucharest, Romania.

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