At what enterprise value was PLANET PAYMENT acquired in 2012?

During the acquisition of PLANET PAYMENT by EXPONENT PRIVATE EQUITY in 2012, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 100M - 350M EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Financial Services industry currently tracks an average EBITDA multiple of 13.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of PLANET PAYMENT when it was acquired by EXPONENT PRIVATE EQUITY?

The exact EV/EBITDA multiple for PLANET PAYMENT is available on mynth capital. For comparison, the Financial Services sector currently shows an average EBITDA multiple of 13.1x. Join our community for free to access full valuation data and industry trends.

When was PLANET PAYMENT acquired by EXPONENT PRIVATE EQUITY?

PLANET PAYMENT was acquired by EXPONENT PRIVATE EQUITY in 2012.

What was the revenue of PLANET PAYMENT at the time of the deal?

The revenue of PLANET PAYMENT at the time of the deal is estimated to be in the range of 50M - 100M EUR. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the PLANET PAYMENT acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the PLANET PAYMENT deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.exponentpe.com/news/exponent-private-equity-acquire-fintrax-group-holdings-ltd

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Home Database Financial ServicesPLANET PAYMENT

08/2012

PLANET PAYMENT acquired by EXPONENT PRIVATE EQUITY

IRELAND Fintech & Payments EV 100M - 350M EUR

Context

The acquisition of Fintrax Group (now Planet Payment) Holdings Ltd by Exponent Private Equity marks a significant milestone in the company's history. The deal is driven by Exponent's strategic rationale of investing in high-growth companies with strong market positions. Fintrax's expertise in multicurrency payments, VAT refunds, and credit card processing aligns with Exponent's focus on backing companies with unique strengths and competitive advantages. The acquisition is expected to propel Fintrax onto the next stage of its growth and development plan, with Exponent providing strategic support and resources to help the company expand its services and reach new markets. The deal also highlights the growing demand for payment services in the tourism sector, driven by the dramatic growth in BRICS tourism. With Exponent's backing, Fintrax is well-positioned to capitalize on this trend and further establish itself as a leading provider of payment services to overseas visitors and international organisations. The acquisition is also expected to drive synergies between Fintrax and Exponent's other portfolio companies, creating opportunities for cross-selling and collaboration. Overall, the deal is a strategic move by Exponent to invest in a high-growth company with strong market potential, and is expected to drive long-term value creation for both Fintrax and Exponent.

PLANET PAYMENT, which reported an EBITDA margin of LOGIN in 2012, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Financial Services sector (13.1x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Planet Payment is a global integrated payments leader, providing a unique single platform that offers acquiring, processing, digital wallets, VAT refund, and currency conversion services to merchants in the Retail, Hospitality, Food & Beverage, Parking, and Financial sectors. The company serves 600,000 merchants and 100 partner banks across more than 70 markets on five continents. With a strong presence in the digital payments industry, Planet Payment helps businesses meet the needs of their customers by simplifying complex payments. The company's services enable people to spend freely, making it a key player in the global payments ecosystem. Planet Payment's platform is designed to handle a wide range of payment services, including acquiring, processing, and currency conversion, making it a one-stop-shop for merchants looking to expand their payment capabilities. With a global reach and a commitment to innovation, Planet Payment is well-positioned to continue growing and evolving in the rapidly changing payments landscape.

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List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
10/2021	ADVENT INTERNATIONAL / EURAZEO	PLANET PAYMENT	IRELAND	Fintech & Payments	The investment in Planet by Advent International and Eurazeo is a strategic move to accelerate the company's global leadership in payments. The transaction is expected to help Planet expand its services and capabilities, driving growth and innovation in the digital payments industry
11/2015	EURAZEO	PLANET PAYMENT	IRELAND	Fintech & Payments	The acquisition of Fintrax (now renamed Planet Payment) by Eurazeo represents a strategic move to expand the investment company's portfolio in the financial services sector. The deal rationale is driven by Fintrax's strong growth potential, its leading position in the tax refund services market, and its solid business model

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of PLANET PAYMENT by EXPONENT PRIVATE EQUITY are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: planet payment

Acquirer: exponent private equity