Nets - Paytrail

Nets, the Nordic provider of payments, card and information services, acquired 80% of Paytrail Plc, a Finnish based e-commerce payment service provider (PSP) with about 4,500 merchants and more than 10,000 online stores and services in its network. Paytrail will continue as a part of Nets’ merchant services business arm, which currently offers POS and online acceptance solutions to 150,000 merchants.

Seller:
Paytrail
Finland
Buyer:
Nets
Norway
Closed:
December 2014

quotesWe engaged Corum to obtain liquidity for some of our shareholders. With their assistance we were able to accomplish this objective and the preparation work helped us to eventually secure a significant investment from the venture capital community…we are happy with the outcome.quotes

Charles Plant
Synamics Inc.