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  5. Wirecard Acquires GFG Group

M&A Deal Summary

Wirecard Acquires GFG Group

On December 11, 2014, Wirecard acquired information technology company GFG Group for 30M EUR

Acquisition Highlights
  • This is Wirecard’s 2nd transaction in the Information Technology sector.
  • This is Wirecard’s 3rd largest (disclosed) transaction.
  • This is Wirecard’s 1st transaction in New Zealand.

M&A Deal Summary
Date 2014-12-11
Target GFG Group
Sector Information Technology
Buyer(s) Wirecard
Deal Type Add-on Acquisition
Deal Value 30M EUR

Target

GFG Group

Auckland, New Zealand
GFG Group Ltd. is a provider of electronic payment solutions and services.

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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 5 of 11
Sector (Information Technology) 2 of 4
Type (Add-on Acquisition) 5 of 10
Country (New Zealand) 1 of 1
Year (2014) 2 of 2
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-04 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.

Buy €29M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-23 Contigua

Munich, Germany

Contigua GmbH (10stamps) is a provider of software applications for mobile phones.

Buy -
Mergr

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