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Announced

Completed

GS Technologies completed the acquisition of PAYPT Finance.

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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Financial Data and Systems

Canada

Money Services Business

Majority

Acquisition

Cross Border

Private

Single Bidder

Friendly

Completed

Synopsis

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GS Technologies, a fintech company, completed the acquisition of PAYPT Finance, a financial services provider. Financial terms were not disclosed. "We look forward to updating all stakeholders on the progress of this acquisition and the subsequent transformation of Angra into a B2B Neobank in due course." Tone Goh, GS Technologies Chairman.

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