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New Deal


Announced

ABB to acquire Vourity.

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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payment technology solutions

Sweden

Payments / Commerce

Acquisition

Domestic

Majority

Private

Pending

Friendly

Single Bidder

Synopsis

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ABB, a Swedish-Swiss multinational corporation, agreed to acquire Vourity, a Fintech SaaS platform. Financial terms were not disclosed. “Our aim with Vourity has always been to deliver a seamless customer experience at the point ofpayment. As we evolve from the start-up phase into full commercialization, we are confident that as partof ABB E-mobility we will be able to ramp up our ability to deliver that experience at scale whilecontinuing to develop and improve our technology,” Hans Nottehed, Vourity Co-Founder and CEO.

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