M&A Deal Summary |
|
|---|---|
| Date | 2022-01-01 |
| Target | Retail Merchant Services |
| Sector | Information Technology |
| Buyer(s) | Teya |
| Sellers(s) | TCV |
| Deal Type | Add-on Acquisition |
SEARCH BY
Teya is a provider of SMB business management solutions and FinTech as service offerings. Teya's merchant proposition provides a full-stack solution to help SMBs more efficiently manage and grow their businesses through a product suite of payment acceptance, loyalty and CRM, ordering, ePOS and issuing capabilities that bridge the merchant consumer relationship. Teya also provides cloud-based payments and business management software as a service to global FinTechs, payment providers, banks, and MNOs. Teya was founded in 2019 and is based in London, United Kingdom.
| 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: United Kingdom M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-31 |
Tutuka
Johannesburg, South Africa Tutuka is a global payments enabler making payments happen by enabling clients’ customers to pay with Mastercard, Visa or Union Pay cards and products. Tutuka was formed in 1998 and is based in Johannesburg, South Africa. |
Buy | - |
Technology Crossover Ventures (TCV) is a private equity and venture capital firm focused on investments in growth technology companies. TCV looks to provide capital for growth, recapitalizations, acquisitions, and buyouts of technology companies in sectors such as internet, financial technology, infrastructure & communications, and software. TCV targets opportunities in North America and looks to commit between $10 and $500 million of equity capital per transaction. TCV was formed in 1995 and is based in Palo Alto, New York City, and London.
| DEAL STATS | # |
|---|---|
| Overall | 79 of 84 |
| Sector: Information Technology M&A | 11 of 11 |
| Type: Add-on Acquisition M&A Deals | 41 of 43 |
| Country: United Kingdom M&A | 3 of 3 |
| Year: 2022 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-10-27 |
Devo
Cambridge, Massachusetts, United States Devo is a cloud-native logging and security analytics company that collects and analyzes an enterprise’s machine, business, and log data to provide real-time security insight for both security and IT operations professionals. Devo was founded in 2011 and is based in Cambridge, Massachusetts. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-01 |
OneSource Virtual
Dallas, Texas, United States OneSource Virtual is a provider of Workday Services, Solutions, and Products. OSV operates in North America and Europe to deliver outcomes that boost productivity, improve compliance, and increase internal capacity for over 1,300 customers around the world. OneSource Virtual HR was founded in 2008 and is based in Dallas, Texas. |
Sell | - |
