ING Bank €270 million acquisition of 75% stake in Payvision

Overview:

• ING Bank has acquired a 75% stake in Payvision for a total consideration of €270 million, with the remaining 25% held by the founding management of the target.
• Payvision is an international omnichannel payments service provider.
• FT Partners served as financial adviser to ING on the matters, with Deloitte also providing transaction support. Jefferies, meanwhile, served as the financial adviser to the sellers.

Jon Moore - Journalist