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Announced

Completed

EVERTEC completed the acquisition of BBR for $60m.

Financials

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Transaction Value£44m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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payment solutions

Private

Payments / Commerce

Majority

Acquisition

Chile

Single Bidder

Cross Border

Friendly

Completed

Synopsis

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EVERTEC, a full-service transaction processing business, completed the acquisition of BBR, a Chile-based payment solutions and business technology company with operations in Peru, for $60m. "The acquisition of BBR complements our existing technology and product portfolio in Chile and opens the Peruvian market for Evertec. With this acquisition, we continue expanding our footprint and solidifying our position as a leading Latin American payment processing company," Mac Schuessler, Evertec President and CEO.

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