Important step forward for Payconiq to help the future of payments in the EPI organization

Deal Flash

European Payments Initiative (EPI) has simultaneously acquired the Luxembourg technology provider Payconiq International (PQI) and the Dutch payment solution provider iDEAL.

PQI is the first European payment company to offer proven, scalable and real-time payment solutions across the entire omnichannel experience.

It was a pleasure to experience the professionalism and know-how of the Oaklins team first hand. Thanks to their assistance, we were able to navigate swiftly through the challenging discussions with the various stakeholders involved in this complex transaction and move steadily towards the finish line, helping us to secure this landmark deal within the payment services sector. ERIK LUTS, CIO, KBC GROUP, BELGIUM

Oaklins’ expertise was instrumental in facilitating this deal

Oaklins’ team in Belgium, led by its TMT sector specialist, served as the exclusive M&A advisor to KBC Bank, an integrated bank-insurance group in Belgium and, together with ING Group Investments, as representative M&A advisor to the shareholders of PQI during the sale process. Leveraging deep sector expertise, the team navigated complex challenges, including intricate regulations and a diverse shareholder base. Their strategic guidance ensured a successful bilateral process and showcased Oaklins’ proficiency in steering high-stakes transactions in the dynamic financial technology sector.

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Bart Delusinne Brussels, Belgium
Managing Director
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Read more about the transaction, market trends, deal drivers and M&A valuation aspects

Oaklins Deal Flash Financial Services and TMT Payconiq Dec2023 Download PDF

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Brian Livingston London, United Kingdom
Managing Director
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Stuart Goodman London, United Kingdom
Director
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