About This Deal
Euronet Worldwide acquired Infinitium Group for $75 million ($70M cash + $5M stock), a transaction announced in February 2024.
Acquired the regional Payments Authentication services provider, strengthening Euronet's payment security and processing capabilities in the Asia Pacific region.
Acquired the regional Payments Authentication services provider, strengthening Euronet's payment security and processing capabilities in the Asia Pacific region.
Deal Terms
Acquirer
Euronet Worldwide
Target
Infinitium Group
Value
$75 million ($70M cash + $5M stock)
Date
February 2024
Type
Full acquisition
Status
Completed
Transaction Details
Announced
February 1, 2024
In Their Words
On February 1, 2024, Euronet acquired Infinitium Group, a leading regional solutions provider with Payments Authentication services, for a purchase consideration of $70.0 million cash and $5.0 million of the Company's common stock.
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
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