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New Deal


Announced

Completed

Castles Technology completed the acquisition of Spire Payments.

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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Single Bidder

Majority

Cross Border

Private

application software

Acquisition

Friendly

United Kingdom

Completed

Payments / Commerce

Synopsis

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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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