Announced
Completed
Financials
Tags
Public
Acquisition
Friendly
Recreational Products
Majority
Single Bidder
United Kingdom
gifting and engagement
Domestic
Completed
Synopsis
PayPoint, a British business offering a system for paying bills in United Kingdom, Ireland and Romania, completed the acquisition of Appreciate Group, a gifting and engagement company, for £83m. "The PayPoint Board believe the proposed acquisition of Appreciate Group provides a compelling opportunity to acquire a highly complementary business with well-established offerings in prepayment savings and the corporate and consumer gift card and voucher sector," Nick Wiles, PayPoint CEO.
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