trending Market Intelligence /marketintelligence/en/news-insights/trending/jUWDbOcJIBQW4KinH7zf1A2 content esgSubNav
In This List

Nets, Concardis Payment Group complete merger

Blog

Insight Weekly: Earnings learnings; Duke Energy hits back; PE activity surges

Blog

Banking Essentials Newsletter: July Edition - Part 3

Blog

Investment Banking Essentials Newsletter: July Edition - Part 3

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow


Nets, Concardis Payment Group complete merger

Nets A/S and Concardis Payment Group GMBH have completed their merger , Nets said Jan. 7.

The merger results in a business with approximately €500 million of EBITDA and €1.3 billion of net revenue.

Nets CEO Bo Nilsson will lead the combined group while Robert Hoffmann will retain his position as Concardis Group CEO, reporting directly to Nilsson.

Private equity investors Hellman & Friedman LLC, Advent International Corp. and Bain Capital LP back the newly formed group.