myPOS Acquires UTP Group Ltd to Strengthen UK Payments Offering

March 27, 2025

European fintech myPOS has acquired UK-based payment solutions provider UTP Group Ltd to expand its presence and support for SMEs in the UK. UTP, based in Reading and serving more than 52,000 clients, will continue operating without service changes and will gain access to the myPOS platform; myPOS is backed by private equity investor Advent.

Buyers
myPOS
Targets
UTP Group Ltd
Location
England, United Kingdom
Transaction Type
Buyout

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