M&A Deal Summary |
|
|---|---|
| Date | 2018-02-27 |
| Target | Riaktr |
| Sector | Information Technology |
| Buyer(s) | Seamless Distribution Systems |
| Sellers(s) | GIMV |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 2014 |
| Sector | Internet Software and Services |
| Employees | 149 |
| Revenue | 53M SEK (2023) |
Seamless Distribution Systems is a global mobile payments company that provides prepaid top-up systems and mobile payment services for mobile operators, distributors, retailers and consumers. The company has two main product lines: the proprietary transaction switch ERS 360? for top-ups to mobile operators and distributors, and SEQR for mobile payments in stores, on-line and in-app. With our solutions, everyone prospers. Seamless Distribution Systems was founded in 2014 and is based in Stockholm, Sweden.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Information Technology M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| Country: Belgium M&A | 1 of 1 |
| Year: 2018 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-13 |
MeaWallet AS
Norway MeaWallet AS is a technical solutions for cloud based payment services and is a leader in the field of Host Card Emulation (HCE), a technology for issuing digital payment cards. |
Buy | $43M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1980 |
| PE ASSETS | 2.0B EUR |
| Size | Large |
| Type | Sector Agnostic |
GIMV is a Belgium based public investment company focused on private equity and venture capital investments in tech-based businesses. GIMV's private equity practice operates through its Corporate Investment unit and targets management buyouts, buy-ins, and growth capital financings of companies with annual sales between EUR15 and EUR150 million. For buyout opportunities GIMV generally takes a majority stake in businesses and for growth capital needs, GIMV takes a minority position. GIMV does not invest in publicly held companies or turnaround situations. GIMV's geographic focus is within Belgium, Netherlands, Germany, and France. GIMV also invests in Russia through Eagle Capital Partners, a partnership with KBC Private Equity. GIMV was formed in 1980 and is headquartered in Antwerp with additional offices in The Hague, Frankfurt, Munich, and Paris.
| DEAL STATS | # |
|---|---|
| Overall | 80 of 111 |
| Sector: Information Technology M&A | 4 of 6 |
| Type: Add-on Acquisition M&A Deals | 43 of 58 |
| Country: Belgium M&A | 27 of 35 |
| Year: 2018 M&A | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-02-09 |
Impact
Hasselt, Belgium Impact is a provider of professional services, focuses primarily on technical and construction jobs as well as bottleneck functions in the administrative segment. Impact was founded in 1999 and is based in Hasselt, Belgium. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-06-08 |
Ellis
Berchem, Belgium Ellis is a restaurant chain for hamburger meals, established with the mission to serve the perfect hamburger in a strong service oriented environment. Ellis was founded in 2011 and is based in Berchem, Belgium. |
Buy | - |