AYCASH GMBH TRANSACTION COMPLETED

First Data has announced the acquisition of ayCash GmbH, a privately held, German-based company specialized in cashless payment services for small merchants.

SHC congratulates both parties to the successful completion of the transaction, which marks the end point of a process that was fully supported by SHC on behalf of the seller. A SHC team successfully accompanied and supported ayCash during every step of the selling process: from initial reviews to producing a prospectus, over negotiations with potential buyers to the closing of the deal. The SHC team is excited of this transaction, which, in the words of Hans Hezel Founder of ayCash “will be tremendously positive for both companies”.

SHC combines the necessary skills and insights to support privately owned, medium sized payment service providers with individual and sustainable exit strategies:

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