Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Wirecard Austria sold to German PE firm
September 25, 2020
Wirecard Austria was sold to the German PE firm Aurin Investment Group on Tuesday. This was announced by the insolvency administrator Ulla Reisch. Wirecard Central Eastern Europe, based in Graz, processes payments for various customers, such as the lotteries and the Austrian Federal Railways (ÖBB). According to Handelsblatt, the price is just under EUR 4m. Aurin intends to maintain the company's operations with the existing team at the Graz site. In the future it will operate under the name QENTA again.
ⓘ This story was originally featured in our daily M&A Insights newsletter.
Our insights have been covered by: