.
MergerLinks Header Logo

New Deal


Announced

Completed

MVB Financial completed the acquisition of Paladin Group.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Majority

United States

Private

Acquisition

Single Bidder

Friendly

Completed

merchants insight

Security Services

fraud prevention

Synopsis

Edit

MVB Financial, the holding company for MVB Bank, completed the acquisition of Paladin Group, which offers merchants insight on systems, tools, strategies, vendors, and industry trends to ensure protection against fraud. Financial terms were not disclosed. "Paladin Group, a respected leader in the fraud prevention industry, has formed a specialty niche that aligns well with MVB as the preferred bank for Fintech companies. This acquisition is another creative way that MVB is turning an expense into a profit center to the benefit of our shareholders,” Larry F. Mazza, MVB Financial President and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US