FISERV INC acquires European Merchant Services B.V.
Snapshot
FISERV INC acquired European Merchant Services B.V. for $56 million (remaining 49% interest) in September 2023. European Merchant Services B.V. is a Acceptance / merchant acceptance (Europe) business.
- Acquirer
- FISERV INC
- Target
- European Merchant Services B.V.
- Value
- $56 million (remaining 49% interest)
- Date
- September 2023
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
FISERV INC acquired European Merchant Services B.V. for $56 million (remaining 49% interest), a transaction completed in September 2023.
European Merchant Services B.V. operates in Acceptance / merchant acceptance (Europe). European Merchant Services B.V. is a Netherlands-based merchant acceptance business; Fiserv acquired the remaining 49% ownership interest for $56 million. Fiserv previously held a majority controlling interest, which continued to be consolidated within the Acceptance segment.
Disclosed in Fiserv's FY23 Form 10-K; integrated into the noted operating segment.
No advisory firms have been disclosed for this transaction.