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  5. Unifiedpost Group Acquires BanqUP BVBA

M&A Deal Summary

Unifiedpost Group Acquires BanqUP BVBA

On December 23, 2020, Unifiedpost Group acquired information technology company BanqUP BVBA

Acquisition Highlights
  • This is Unifiedpost Group’s 4th transaction in the Information Technology sector.
  • This is Unifiedpost Group’s 2nd transaction in Belgium.

M&A Deal Summary
Date 2020-12-23
Target BanqUP BVBA
Sector Information Technology
Buyer(s) Unifiedpost Group
Deal Type Add-on Acquisition

Target

BanqUP BVBA

Berchem, Belgium
BanqUP is an API-driven platform for open banking solutions, allowing banks and fintech companies to access a number of European banking APIs. It helps TPPs and banks quickly access the open banking ecosystem and analyze banking data, allowing them to create bold and innovative solutions, as well as cross-sell and up-sell their existing product. BanqUP was formed in 2016 and is based in Berchem, Belgium.

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Buyer(S) 1

Buyer

Unifiedpost Group

La Hulpe, Belgium
Category Company
Founded 2001
Sector Information Technology
Employees1,042
Revenue 84M EUR (2024)
DESCRIPTION

Unifiedpost Group is an international BPaaS provider of integrated business process optimization solutions including complete document delivery and processing solutions, complemented by payments, financial supply chain, credit management, and secure e-identity solutions. Unifiedpost Group was formed in 2001 and is based in La Hulpe, Belgium.

DEAL STATS #
Overall 5 of 5
Sector: Information Technology M&A 4 of 4
Type: Add-on Acquisition M&A Deals 5 of 5
Country: Belgium M&A 2 of 2
Year: 2020 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-23 21 Grams AB

Stockholm, Sweden

21 Grams AB is a provider of postal management to corporate customers in the Nordics by leveraging its technology leadership in postage optimization, in combination with its unique set of knowledge and experience of post, print and document management software. 21 Grams was established in 2004 and is based in Stockholm, Sweden.

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