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New Deal


Announced

Completed

Evertec completed the acquisition of Sinqia for $591m.

Financials

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Transaction Value£459m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium24%
One Off Charge-

Tags

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Brazil

Single Bidder

information technology

technology services

IT Services: Other

Acquisition

Majority

Private

Cross Border

Friendly

Completed

Synopsis

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Evertec, a full-service transaction processing company, completed the acquisition of Sinqia, a developer of software and technology services, for $591m. “We are excited about the future of Evertec and Sinqia. Together we will build a full-service technology company focused on providing the best products and services to our clients throughout the region. This transaction completes another important step in our strategic objective of becoming the Fintech for the LATAM region and will now focus on ensuring a successful integration,” Mac Schuessler, Evertec President and CEO.

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