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New Deal


Announced

PPRO to acquire Alpha Fintech.

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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Acquisition

Single Bidder

Private

financial software

Friendly

Australia

FinTech

Pending

Majority

Cross Border

Synopsis

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PPRO, a provider of digital payments infrastructure, agreed to acquire Alpha Fintech, a developer of a cloud-based payment-processing platform. Financial terms were not disclosed. “The acquisition of Alpha Fintech strengthens our position as both a global payments technology leader and trusted infrastructure partner to payment service providers, enterprises, banks and fintechs," Simon Black, PPRO CEO.

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