EarlyPay has acquired Timelio
EarlyPay Limited (ASX:EPY) has acquired select assets of Timelio.
Earlypay offers financial solutions to businesses in Australia. It operates through invoice finance, equipment finance and other services segments. The acquisition, whilst small, is strategically important for Earlypay as it provides a high-quality portfolio – many of the customers joined Timelio through its acquisition of the Bendigo Bank invoice finance portfolio in 2022 – and increases Earlypay’s presence in Victoria. Additionally, the acquisition is expected to be EPS accretive in addition to providing a range of other strategic benefits.
Timelio is a Melbourne-based fintech that specializes in P2P invoice and trade financing for SMEs in Australia.
Oaklins’ team in Australia acted as corporate advisor to to Earlypay (ASX:EPY) on the signing of a binding agreement to acquire select assets of Timelio.
Contacter l'équipe de la transaction
Ryan Whitelegg
Oaklins Henslow
Transactions connexes
Duke Capital Limited has completed a fundraising
Duke Capital Limited has completed a successful fundraise, securing US$29.8 million (£23.5 million) through a placing and retail offer on the Alternative Investment Market (AIM). This milestone will further enable Duke Capital to continue its innovative approach to alternative financing solutions for small and medium enterprises (SMEs) across the UK and Europe.
En apprendre plusGrupo Veta 2017 S.L. has been acquired by MSA Mizar
The Franco-Belgian fund Kartesia has sold Grupo Veta 2017 S.L. to the Italian group MSA Mizar. Kartesia, the main shareholder of Veta+ together with its founding partner, has sold 100% of the capital. For MSA Mizar, this transaction represents the consolidation of its presence in Spain, the entry into the multi-risk claims management market and the opportunity to apply Veta+’s expertise to other European markets.
En apprendre plusSTM Group plc has been acquired by Pension SuperFund Capital
Pension SuperFund Capital, which oversees UK commercial pension consolidator Pension SuperFund, has acquired STM Group plc. The deal is aligned with Pension SuperFund Capital’s wider market aim to provide a comprehensive solution for pension savers and sponsors worldwide, as well as improve pension outcomes. The purchase was made through the Pension Superfund Capital acquisition arm, Bidco, which was formed in 2023 for the purpose of this transaction.
En apprendre plus