Nets Group Acquires Polskie ePłatności (PeP)
October 26, 2020
Nets Group has acquired Polish merchant acquirer Polskie ePłatności (PeP) to strengthen its presence in Poland and expand its POS and merchant services offering. The deal values PeP at an enterprise value of approximately EUR 405 million; PeP operates a large POS terminal base and employs more than 600 people.
- Buyers
- Nets Group
- Targets
- Polskie ePłatności (PeP)
- Sellers
- Innova Capital
- Industry
- Payments & Fintech
- Location
- Subcarpathian Voivodeship, Poland
- Transaction Type
- Buyout
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