Grupo Popular to acquire GCS International.

Transaction Tags

• Dominican Republic
• it services
• IT Services: Other
• Acquisition
• Cross Border
• Majority
• Private
• Pending
• Friendly
• Single Bidder

Synopsis

Grupo Popular, a bank, agreed to acquire GCS International, an IT services company. Financial terms were not disclosed. "By combining the existing synergies of Grupo Popular with GCS International as a new subsidiary, both organizations strengthen their value proposition for businesses, companies and users of their platforms, contributing more innovative ideas to the financial system and promoting digital transformation with new products. to promote financial inclusion in the Dominican Republic and the region," Grupo Popular.

Sources