M&A Deal Summary

Peach Payments Acquires Operativa

On July 23, 2024, Peach Payments acquired software company Operativa

Acquisition Highlights
  • This is Peach Payments’ 1st transaction in the Software sector.
  • This is Peach Payments’ 1st transaction in South Africa.

M&A Deal Summary

Date 2024-07-23
Target Operativa
Sector Software
Buyer(s) Peach Payments
Deal Type Add-on Acquisition

Target

Operativa

Cape Town, South Africa
Operativa is a custom software development firm specializing in developing secure, robust payment systems that drive financial transactions smoothly and efficiently. Operativa was formed in 2023 and is headquartered in Cape Town, South Africa.

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Buyer(S) 1

Buyer

Peach Payments

Cape Town, South Africa

Category Company
Founded 2012
Sector Information Technology
Employees150
DESCRIPTION

Peach Payments is a payment services provider that enables digital commerce and payments for merchants of all sizes. The company supports merchants with payments acceptance, payouts and subscription solutions across a wide variety of payment types including cards, instant payments, digital wallets, mobile money and buy now pay later amongst others. Peach Payments was formed in 2012 and is headquartered in Cape Town, South Africa.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (South Africa) 1 of 1
Year (2024) 1 of 1