Go to deals
Financial Services | TMT | Private Equity

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.

Parties

Talk to the deal team

Peter Gray

Partner
London, United Kingdom
Oaklins Cavendish

John Farrugia

Principal
London, United Kingdom
Oaklins Cavendish

Related deals

Banco BPM Vita S.p.A. has launched a voluntary public tender offer for Anima Holding S.p.A.
Financial Services

Banco BPM Vita S.p.A. has launched a voluntary public tender offer for Anima Holding S.p.A.

Banco BPM Vita S.p.A. has initiated a voluntary public tender offer for the shares of Anima Holding S.p.A.

Learn more
Manolete Partners plc has completed a successful debt refinancing
Business Support Services | Financial Services

Manolete Partners plc has completed a successful debt refinancing

Manolete Partners plc has signed a new revolving credit facility (RCF) with its existing provider, HSBC. The new RCF provides Manolete with the same level of facility as the previous arrangement, at US$22.6 million (£17.5 million), but with a reduced margin and lower non-utilization fee. The facility has a term of 3.25 years, with the option to extend for an additional year on the same terms.

Learn more
All Glass & Windows has been recapitalized by Cross Rapids Capital
Private Equity | Construction & Engineering Services

All Glass & Windows has been recapitalized by Cross Rapids Capital

Prospect Partners has sold All Glass & Windows (AGW) to Cross Rapids Capital.

Learn more