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New Deal


Announced

Completed

Investcorp Technology Partners completed the acquisition of MIR.

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 Equity

financial technology

Friendly

FinTech

Private

Single Bidder

Acquisition

Majority

United Kingdom

Cross Border

Completed

Synopsis

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Investcorp Technology Partners, a European technology investor, completed the acquisition of MIR, which operates innovative and award-winning payments platform and e-wallet solutions. Financial terms were not disclosed. "MIR Limited’s strong product offering and capacity for innovation has positioned it at the forefront of ongoing advancements in payments. The acquisition marks the beginning of a fruitful partnership between Investcorp and the Business as we look to position it as a leader in the sector. We see many exciting opportunities ahead – both organic and inorganic – and are looking forward to working with Mr. Rosenthal to take the Business to the next stage in its development," Georg Knoflach, Investcorp Technology Partners Managing Director.

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