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New Deal


Announced

Completed

Sysnet Global Solutions completed the acquisition of Managed Compliance Solutions division of Thompson Street-backed ControlScan.

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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Cross Border

Acquisition

management consulting services

Friendly

Management Consulting

United States

compliance management

Completed

Majority

Single Bidder

Private

Disposal

Private Equity

Synopsis

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Sysnet Global Solutions, a provider of cyber security and compliance solutions for SMBs, completed the acquisition of Managed Compliance Solutions division of Thompson Street-backed ControlScan, a provider of payment card industry compliance solutions. Financial terms were not disclosed. “Sysnet and ControlScan MCS have consistently demonstrated market leadership and innovation in helping SMBs protect their business with strong payment security. Incorporating ControlScan MCS into Sysnet will deliver high-impact results to merchant service providers and their SMBs, as well as to the payments industry as a whole. Our team is excited to join forces with Sysnet and maximise our innovative spirit. Together, we will be well-positioned to drive growth as the global leader in compliance and security," Matt Loos, ControlScan Executive Vice President.

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