About This Deal

ACI Worldwide acquired Profesionales en Transacciones Electronicas S.A. (PTESA) for approximately $14 million, a transaction completed in March 2013.

Profesionales en Transacciones Electronicas S.A. (PTESA) operates in Retail payments (Latin America), is based in Venezuela, Ecuador and Colombia. ACI acquired 100% of Profesionales en Transacciones Electronicas S.A. in Venezuela (PTESA-V) and Ecuador (PTESA-E), plus the ACI-related assets of the Colombia entity (PTESA-C), for a purchase price of approximately $14 million. PTESA had been a long-term ACI partner providing sales, service and support to customers across South America.

Bringing the PTESA team in-house reinforced ACI's direct presence and support capabilities across South America.

Deal Terms

Acquirer
ACI Worldwide
Target
Profesionales en Transacciones Electronicas S.A. (PTESA)
Value
Approximately $14 million
Date
March 2013
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
Venezuela, Ecuador and Colombia
Segment
Retail payments (Latin America)
Closed
March 1, 2013

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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