Concardis news and trends

Bain, Advent Near Deal To Buy Concardis
Partnerships / Acquisitions // January 09, 2017

Bain Capital and Advent, the two private equity firms, are close to inking a deal to acquire Concardis, a German payment group. According to a report by Reuters, citing three people familiar with the process, the price tag is around €700 million. Concardis provides payment...

The Car As A Commerce Platform?
Payments Innovation // January 05, 2017

German payments group Concardis announced a new partnership with automotive developer IAV to establish a car-based commerce platform called Automotive Marketplace. The new platform will be officially unveiled this week at the Consumer Electronics Show (CES) 2017 in Las Vegas. In a press release, Concardis...

Concardis About To Get Final Buyout Offers
Partnerships / Acquisitions // December 13, 2016

Concardis, the German payments group, is about to receive final bids from buyout groups, which could give the company a value of more than $636 million. Reuters, citing people close to the matter, reported CVC, Bridgepoint and Advent/Bain are gearing up to hand in offers...

Quick Reads
Concardis Expands Global Reach By Launching Alipay In Austria, Switzerland

June 09, 2017
Concardis is expanding its international portfolio by bringing Chinese mobile payment solution Alipay to Austria and Switzerland. According to Finextra, CGössl is the first merchant in Austria to enable Chinese guests to pay via smartphone and the Alipay app, with the rollout in the Swiss market planned for October. In addition, Concardis has already implemented […]

Bain, Advent Near Deal To Buy Concardis

January 09, 2017
Bain Capital and Advent, the two private equity firms, are close to inking a deal to acquire Concardis, a German payment group. According to a report by Reuters, citing three...

The Car As A Commerce Platform?

January 05, 2017
German payments group Concardis announced a new partnership with automotive developer IAV to establish a car-based commerce platform called Automotive Marketplace. The new platform will be officially unveiled this week...

Concardis About To Get Final Buyout Offers

December 13, 2016
Concardis, the German payments group, is about to receive final bids from buyout groups, which could give the company a value of more than $636 million. Reuters, citing people close...