Rapidata Services Limited has been acquired by The Access Group
The shareholders of Rapidata Services, one of the UK’s leading payment platform providers, have sold the company to Access Group.
Founded in 1997, Rapidata Services is a direct debit payment processor that focuses on the not-for-profit sector. The business also provides value-add services, including campaign management and analytics tools, and supports a range of organizations to quickly and easily collect donations and maximize their regular income. Rapidata Services has developed a reputation for delivering market leading payment processing solutions that enable their 600 customers, which include more than 10% of the Top 500 UK charities, to reduce the administration, cut down on costs and limit time associated with processing payments.
Access Group is one of the UK's leading providers of business management software to mid-market companies. This acquisition will allow the group to infiltrate the payments sector and integrate payment processing capabilities for its existing not-for-profit customers by building on Rapidata’s prior sector expertise and networks. To accelerate growth, Access Group plans to extend the capability to other sectors, including education and health and social care, where there are great opportunities for these facilities.
Oaklins Cavendish, based in the UK, advised the shareholders of Rapidata Services on the sale of the business.
Talk to the deal team
PartnerLondon, United Kingdom
Managing PartnerLondon, United Kingdom
Senior AssociateLondon, United Kingdom
OFFIX Holding and Office World Holding bundled their activities into the newly formed JV Office World Group
OFFIX Holding AG and Office World Holding AG have bundled their businesses into the newly founded Office World Group AG. Office World Holding brings its subsidiaries Office World, iba and Tramondi, and OFFIX brings its companies Papedis, Ecomedia, Oridis, Office Leader and DocuServ into the new Office World Group AG. The merger creates a Swiss group that will be represented throughout the country, generating sales of approximately US$400 million with just under 600 employees.Learn more
Riada has been acquired by Eficode
Riada AB has been acquired by Eficode Oy. Through the acquisition of Riada, Eficode strengthens its growth within the Atlassian software ecosystem and in the adoption of agile and DevOps practices and tools. Combined, Eficode and Riada become the undisputed leader in the Atlassian market in Northern Europe.Learn more
Comms Group (ASX:CCG) has acquired Next Telecom
Comms Group (ASX:CCG) has acquired Next Telecom.Learn more