Advent-backed myPOS completed the acquisition of UTP.

Advent-backed myPOS, an affordable payment solutions provider, completed the acquisition of UTP, a company offering card payment and associated services. Financial terms were not disclosed. “This acquisition is not just about market expansion – it’s about empowering UK SMEs with better payment solutions, stronger support and more growth opportunities. By combining forces with UTP, myPOS will deliver superior solutions faster, enabling businesses to grow and scale without high upfront costs. We are excited to empower local merchants and lay the foundation for long-term success in this key market,” Mario Shiliashki, myPOS CEO.