Announced
Completed
Financials
Tags
Single Bidder
Majority
Cross Border
Private
application software
Acquisition
Friendly
United Kingdom
Completed
Payments / Commerce
Synopsis
Castles Technology, a global payment solutions provider, completed the acquisition of Spire Payments, a European based electronic funds transfer at point of sale terminal solutions provider. Financial terms were not disclosed. “This acquisition delivers a perfect match between the two companies, with complementary strengths bringing a new fresh approach to the payment market. Our collaboration will give customers unmatched choice, new technical capabilities, and enhanced security solutions to power their businesses forwards. Adding Spire Payments solutions and services, to Castles Technology product portfolio (Linux, Android, MiniPos, ECRPos, TMS, Market Place) provides a major platform for us to significantly expand our business reach into EMEA markets,” Jean-Philippe Niedergang, Castles Technology Group CCO.
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