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Announced

AnaCap to acquire Market Pay from Carrefour for $350m.

Financials

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Transaction Value£270m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

payment terminals

Private Equity

Acquisition

Majority

Cross Border

Single Bidder

France

FinTech

Friendly

Pending

financial services

payment processing

Synopsis

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AnaCap Financial Partners, a specialist mid-market private equity investor, agreed to acquire Market Pay, an end-to-end omnichannel payments solutions provider, from Carrefour for $350m. The transaction is subject to the consultation of works council and to the usual closing conditions. "The Carrefour Group were keen to partner with a company that had a strong track record both in the payments sector and in growing fintech businesses internationally with innovative operational strategies. We believe that AnaCap represent the perfect choice to help us develop and explore new markets outside of the Carrefour Group and we look forward to, pending completion, an exciting new chapter for the company in 2021 and beyond,” Frederic Mazurier, Market Pay Chairman.

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