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New Deal


Announced

Completed

Advent-backed Ebanx completed the acquisition of Remessa Online for $212m.

Financials

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Transaction Value£159m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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financial software

Majority

Single Bidder

Completed

FinTech

Domestic

Brazil

Acquisition

Friendly

Private

Private Equity

Synopsis

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Advent-backed Ebanx, a payment platform, completed the acquisition of Remessa Online, a developer of an exchange platform, for $212m. “We are excited about the arrival of Remessa Online at this point in Ebanx's history. We believe that the complementarity of action will allow us to better serve Ebanx customers in Latin America, while we will be able to accelerate and expand Remittance's plans," João Del Valle, Ebanx Co-Founder and CEO.

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