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Ingenico acquires Bambora for €1.5 billion

20th July 2017 Church News.

Ingenico has announced the acquisition of payment services outfit Bambora from Nordic Capital in a deal worth €1.5 billion. The transaction, which will be “fully financed through available cash and debt”, is in line with Ingenico’s mission to provide a more integrated client offering and omnichannel solutions. Headquartered in Stockholm, Bambora employs more than 700 people across Europe, North America and Australia and delivers in-store, mobile and online services through end-to-end payment solutions for over 110,000 merchants and enterprises globally.