Aleph Acquires Controlling Stake in Localpayment

October 9, 2024

Aleph has acquired a controlling equity interest (majority stake) in Localpayment, a fast-growing Latin American payment service provider, rebranding it as Localpayment by Aleph. The deal lets Aleph integrate local payment processing (640+ methods across 17 LATAM countries) with its digital advertising capabilities to expand its payments offering and accelerate growth in emerging markets.

Buyers
Aleph Group, Inc (Aleph)
Targets
Localpayment (now Localpayment by Aleph)
Location
Argentina
Transaction Type
Buyout

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