Get Updates Now
RatePAY acquired by Advent International & Bain Capital

Payment solutions for B2B and B2C eCommerce.

Berlin, 4 April 2017 - GP Bullhound acted as the exclusive financial advisor to the Otto Group on the sale of RatePAY GmbH (”RatePAY”) to Advent International and Bain Capital.

RatePAY is one of the leading providers of payment solutions to eCommerce merchants in the DACH region, offering invoice, instalment, direct debit and pre-payment solutions to B2B and B2C online and mobile customers. With a highly sophisticated risk assessment technology, they provide a full service and modular offering including risk management, debtor management and debt collection to merchants.

Martin Mildner, Global Head of M&A and General Counsel at Otto Group commented: “GP Bullhound has been a great advisor to us on the transaction. The team’s commitment and strong expertise in the sector was instrumental in the process, which led to a successful outcome.”

Jesper Wahrendorf, CEO of RatePAY, said: “GP Bullhound has been a great advisor on this journey. Their deep advisory experience, sector expertise and international reach has been instrumental in making this deal possible. We look forward to continuing on our journey together with Advent International and Bain Capital.”

Carl Wessberg, Director at GP Bullhound, commented: “We are delighted to have advised Otto Group on the sale of one of the leading German Fintech companies to two leading investors in the global payments and financial services ecosystem: Advent International and Bain Capital. This is another marquee transaction for GP Bullhound in the Fintech space.”

Related Articles