Acquisition of Payzone Nordic AB
MHS Corporate Finance acted as exclusive financial advisor in connection with Nets’ acquisition of Payzone Nordic AB
Nets acquired Payzone Nordic AB, a market leader in payment services customised for the retail, hotel and restaurant sectors. The transaction was closed on 24 July 2014.
Equity value: Not disclosed.
For more information about the transaction, please visit here.
About Payzone Nordic AB
Payzone Nordic with its 20 year track record of operational excellence in the integrated PSP vertical is a key market player and operates in the hotel, restaurant and retail sectors, currently servicing more than 15,000 Point of Sales. With integration to over 70 ECR providers, Payzone Nordic strives to deliver new innovative services to its customers within the markets where it operates, creating long lasting customer and strategic partner relationships. Payzone Nordic’s annual revenue is c. SEK 70 million. Payzone has c. 50 employees in Sweden.
Find out more at www.payzone.se