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M&A Deal Summary

Wirecard Acquires Amara Technology Africa Proprietary

On December 4, 2014, Wirecard acquired information technology company Amara Technology Africa Proprietary for 29M EUR

Acquisition Highlights
  • This is Wirecard’s 1st transaction in the Information Technology sector.
  • This is Wirecard’s 3rd largest (disclosed) transaction.
  • This is Wirecard’s 1st transaction in South Africa.

M&A Deal Summary
Date 2014-12-04
Target Amara Technology Africa Proprietary
Sector Information Technology
Buyer(s) Wirecard
Deal Type Add-on Acquisition
Deal Value 29M EUR

Target

Amara Technology Africa Proprietary

Cape Town, South Africa
Amara Technology Africa Proprietary Ltd. is a provider of acquiring and issuing processing, acquiring reselling as well as prepaid program management services for a number of financial institutions in Africa including Mercantile Bank, Nedbank, Citi Bank and AfrAsia Bank as well as point-of-sale and e-commerce payment processing and card issuance for local retailers, airlines, resorts and governmental organizations.

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Buyer(S) 1

Buyer

Wirecard

Aschheim, Germany
Category Company
Founded 1999
Sector Information Technology
Employees5,685
Revenue 2.0B EUR (2018)
DESCRIPTION

Wirecard is a provider of electronic payment and risk management solutions for e-commerce companies. The Wirecard Group has been supporting companies in accepting electronic payments from all sales channels. Wirecard was founded in 1999 and is based in Aschheim, Germany.

DEAL STATS #
Overall 4 of 11
Sector: Information Technology M&A 1 of 4
Type: Add-on Acquisition M&A Deals 4 of 10
Country: South Africa M&A 1 of 2
Year: 2014 M&A 1 of 2
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-27 PT. Aprisma Indonesia

Jakarta, Indonesia

PT. Aprisma Indonesia is a provider of software solutions, based on Service-Oriented-Architecture (SOA), PT Aprisma is one of the major payment service providers in the region. The client portfolio consists of the 20 leading banks and telecommunication companies in Indonesia as well as clients in Malaysia, Singapore and Thailand.

Buy €74M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-11 GFG Group

Auckland, New Zealand

GFG Group Ltd. is a provider of electronic payment solutions and services.

Buy €30M
Mergr

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