Transactions

StarTec sells majority stake to AnaCap and Heidelpay

CatCap advised StarTec on the transaction

Heidelberger Payment GmbH, together with the growth investor AnaCap Financial Partners, is taking over the Hamburg StarTec Payment & Service GmbH. The leading provider of cash-free payment transactions at the point-of-sale thus extends Heidelberg's portfolio with additional services and expertise for the merging of online and offline payment. "The merger is another milestone for our growth strategy. With this merger, Heidelpay offers one of the most powerful payment platforms and combines online and stationary trading with an international focus. This enables us to offer our customers a true Omnichannel payment solution from a single source, "says Heidelpay CEO Mirko Mantelmann.

Omnichannel payment for the future

E-commerce and classical trade will be fused even further, and payment as a process is bound to go along this path. In addition to payment systems for e-commerce, Heidelpay also offers pay-as-you-go solutions for in-house retailers, which are seamlessly integrated into the uniform payment system. Heidelpay is a payment institute approved by BaFin, the total solution also fulfills the requirements of the new EU directive PSD2, which will enter into force on 13 January 2018. "StarTec and Heidelpay fit perfectly together. Our customers and our employees benefit from many new possibilities by combining both companies under the umbrella of the Heidelpay Group, "says Philipp Zwirner, founder and CEO of StarTec.

Internationalization and growth

Heidelpay is already managing more than 16,000 customers, and StarTec currently has more than 13,000 retailers. The takeover was made possible by the shareholder of Heidelberger Payment GmbH, the UK's AnaCap Financial Partners. The growth investor has his focus as well as a comprehensive expertise on financial services. Heidelpay and StarTec distinguish themselves beyond the technical expertise by customer proximity and the implementation of individual concepts - the service concept of both will be united in the future joint corporate culture. "This acquisition complements Heidelpay with coherent payment solutions for the POS. Together with AnaCap Financial Partners, we are thus expanding the market position of Heidelpay above-average, "explains Heidelpay CEO Mirko Mantelmann.

About StarTec

(www.startec-payment.de) is one of the leading providers of product solutions and services for the handling of cashless payment transactions. The portfolio includes high-quality and modern POS terminals for payments with girocard, direct debit and credit card as well as electronic voucher and customer loyalty systems. With 12 years of experience, StarTec, as an owner-managed company based in Hamburg, advises and supports more than 13,000 satisfied customers all over Germany. Personal advice and individual solutions are just as self-evident as reliable service and a consistently high demand on the personnel and the products.

About Heidelpay

(www.heidelpay.de) is one of the top-ranking providers of e-commerce payment services, headquartered in Germany, serving over 16,000 customers worldwide. Since its inception in 2003, the payment institution, which has been authorized and supervised by the Federal Financial Supervisory Authority (BaFin) for online payment procedures - Heidelberger Payment GmbH - covers all steps of electronic payment transactions. The modular and scalable solution offers more than 200 payment methods that can be used all over the world and are available on e-commerce as well as on mobile platforms or stationary at point-of-sale. As a full-service provider, Heidelpay offers all payment steps - acquiring, processing and collecting - with direct integration into over 50 standard shops.

About CatCap und Globalscope

CatCap and the international M&A network Globalscope offer integrated cross-border M&A consulting services for medium-sized transactions. CatCap - a partner led corporate finance firm - advises businesses and shareholders to realise their strategic objectives ensuring the highest level of quality. CatCap is based in Hamburg and Munich with 30 employees. Globalscope has 53 members in 42 countries with more than 600 professionals worldwide.
For further information, please visit www.catcap.com and www.globalscopepartners.com

Contact

Michael Moritz

Daniel Garlipp

Thorsten Grandt

Moritz Stolp

CatCapGmbH
Finnlandhaus
Esplanade 41
20534 Hamburg

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