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Announced

Completed

Eppf completed the acquisition of NowCP from Orange.

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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digital marketplace

France

Majority

Acquisition

Cross Border

Private

Friendly

Single Bidder

Digital Services

Completed

Synopsis

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Eppf, an independent capital-markets-as-a-service provider, completed the acquisition of NowCP, an issuing and trading platform for short term debt, from Orange, a French multinational telecommunication group. Financial terms were not disclosed. "We are extremely excited to welcome NowCP and its team to the eppf family. This will allow us to build the first global primary debt market, regulated to the highest standards, and to provide our clients a fully digital and integrated value chain for CP, bonds and other financial instruments such as loans, Euro Private Placement and Schuldscheine. It also confirms eppf and NowCP as the only European, neutral platform supported by a broad base of banks and other financial institutions. Finally, we would like to thank Orange, the other NowCP shareholders, their teams and advisers for making this transaction possible. The combined group is looking very much forward to working with our new stakeholders and clients," Robert Koller, eppf CEO and Founder.

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