M&A Deal Summary

Xplor Technologies Acquires Transaction Services Group

On February 25, 2021, Xplor Technologies acquired software company Transaction Services Group from Advent International

Acquisition Highlights
  • This is Xplor Technologies’ 1st transaction in the Software sector.
  • This is Xplor Technologies’ 1st transaction in New Zealand.

M&A Deal Summary
Date 2021-02-25
Target Transaction Services Group
Sector Software
Buyer(s) Xplor Technologies
Sellers(s) Advent International
Deal Type Merger
Advisor(s) Macquarie (Financial)

Target

Transaction Services Group

Auckland, New Zealand
Transaction Services Group is an outsourced provider of highly differentiated solutions and technology that enables businesses to efficiently accept recurring payments from customers. Transaction Services Group was founded in 2007 and is based in Auckland, New Zealand.

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Buyer(S) 1

Buyer

Xplor Technologies

Atlanta, Georgia, United States
Category Company
Sector Software
DESCRIPTION

Xplor Technologies is a Global Platform Integrating Software, Payments, and Commerce-Enabling Solutions. Xplor Technologies serving over 82,000 businesses that processed over $27 billion in payments, operating across 158 countries. Xplor Technologies is headquartered in Atlanta, Georgia.

DEAL STATS #
Overall 2 of 4
Sector (Software) 1 of 3
Type (Merger) 2 of 2
Country (New Zealand) 1 of 1
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-25 Clearent

Creve Coeur, Missouri, United States

Clearent is a provider of full-service, payment solutions that leverages its proprietary payments platform to make doing business easier and more profitable for its sales partners. Clearent was founded in 2005 and is based in Creve Coeur, Missouri.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-04 HVACBizPro

United States

HVACBizPro helps clients increase their revenue by improving their selling process and by bringing efficiency to their departmental functions, communications, and contributions.

Buy -

Seller(S) 1

SELLER

Advent International

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1984
PE ASSETS 76.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 191 of 222
Sector (Software) 7 of 9
Type (Merger) 8 of 10
Country (New Zealand) 1 of 1
Year (2021) 3 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-25 Clearent

Creve Coeur, Missouri, United States

Clearent is a provider of full-service, payment solutions that leverages its proprietary payments platform to make doing business easier and more profitable for its sales partners. Clearent was founded in 2005 and is based in Creve Coeur, Missouri.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-16 Cyware

Jersey City, New York, United States

Cyware s is a product-based cybersecurity provider that offers a full-stack of innovative cyber fusion solutions for all-source strategic, tactical, technical, and operational threat intelligence sharing & threat response automation. Cyware was founded in 2016 and is based in Jersey City, New York.

Buy -
Mergr

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