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
- Industry
- Financial Services
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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