Advent International Agrees to Buy myPOS
In a groundbreaking deal, Advent International, one of the largest global private equity firms, has announced
its decision to acquire myPOS, a leading payment technology company based in Europe. The agreement will see Advent
International gain a majority stake in myPOS, reinforcing its position as a key player in the fintech industry
worldwide.
With its innovative payment solutions, myPOS has transformed how small and medium-sized businesses handle
transactions. By combining cutting-edge technology with user-friendly devices, myPOS empowers businesses to
accept card payments seamlessly while providing various value-added services such as additional payment
options, invoicing, and many more.
The strategic acquisition by Advent International will fuel myPOS’ further expansion and strengthen its market
presence across Europe. This partnership is expected to leverage the extensive experience and capabilities of
both companies, enabling myPOS to enhance its unique offering and accelerate growth.
“We are excited about the acquisition of myPOS and strongly believe in the company’s potential. With its robust
technology and outstanding team, myPOS is well-positioned to become a global leader in payment services.
Advent International is committed to supporting myPOS in its next phase of growth and development.”
– Advent International representative
The acquisition comes at a time when digital payments are gaining significant traction worldwide, particularly in
light of the ongoing global pandemic. Businesses are increasingly shifting towards contactless and online payment
solutions, necessitating reliable and secure platforms like myPOS.
Advent International’s acquisition of myPOS showcases its commitment to investing in innovative fintech solutions
that complement its portfolio. With its vast network and global reach, Advent International aims to support
myPOS in expanding its market share and exploring new growth opportunities.
The transaction is subject to regulatory approvals and customary closing conditions. However, all parties involved
express their confidence in the successful completion of the deal.