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New Deal


Announced

Completed

Square completed the acquisition of Verse.

Financials

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

Tags

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Private

Spain

Completed

Private Equity

Cross Border

software development

Acquisition

Friendly

Software

Majority

Disposal

Single Bidder

Synopsis

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Square, an American financial services, merchant services aggregator, and mobile payment company, completed the acquisition of Verse, a Spanish P2P payments app. Financial terms were not disclosed. "At this point, our main priority is enabling Verse to continue their successful growth in Europe. Verse will continue to operate as an independent business, working out of their offices with no immediate changes to their existing products, customers, or business operations," Square.

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