About This Deal
FISERV INC acquired Skytef Solucoes em Captura de Transacoes Ltda, a transaction completed in October 2023, structured as All-cash.
Skytef Solucoes em Captura de Transacoes Ltda operates in Merchant / payments software (Brazil). Skytef Solucoes em Captura de Transacoes Ltda ('Skytef') is a distributor for ISV partners and merchants of Fiserv's Electronic Funds Transfer payments software in Brazil.
It expands Fiserv's distribution network and point-of-sale applications.
Disclosed in Fiserv's FY23 Form 10-K; integrated into the noted operating segment.
Deal Terms
Acquirer
FISERV INC
Target
Skytef Solucoes em Captura de Transacoes Ltda
Value
Not disclosed
Date
October 2023
Type
Full acquisition
Status
Ready
Transaction Details
Segment
Merchant / payments software (Brazil)
Structure
All-cash
Announced
October 9, 2023
Closed
October 9, 2023
In Their Words
Skytef Solucoes em Captura de Transacoes Ltda ('Skytef') is a distributor for ISV partners and merchants of Fiserv's Electronic Funds Transfer payments software in Brazil.Fiserv FY23 Form 10-K, Acquisitions note
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
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