Announced
Financials
Sources
Tags
Friendly
digital payment solutions
Switzerland
Majority
Pending
Private
Single Bidder
Payments / Commerce
Cross Border
Private Equity
digital payments
Acquisition
Synopsis
Private equity firms Advent International and Eurazeo agreed to acquire Datatrans, a Swiss digital payment provider. Financial terms were not disclosed. "We’re excited to work with Advent and Eurazeo to fuel the next phase of growth for Datatrans. The investment will extend the number of markets we can operate in and grow the number of customers we reach with PCI Proxy. The partnership with Planet will allow us to combine online and in-store capabilities to adapt to the individual needs of merchants bringing out the best for their business today, tomorrow and in the future," Thomas S. Willenborg, Datatrans CEO.
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