Rapidata Services Limited has been acquired by The Access Group
November 2018 — 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.
Our role in the transaction
Oaklins Cavendish, based in the UK, advised the shareholders of Rapidata Services on the sale of the business.
Talk to the deal team
Related deals
Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
Learn moreDIGMATIX has entered Romania through the acquisition of Elian Solutions
DIGMATIX, one of the largest providers of Microsoft Business Applications solutions in the region, has acquired Elian Solutions, a Romanian Microsoft Dynamics 365 partner, together with its subsidiary Elian Development Systems. Through the acquisition, DIGMATIX expands its operations into Romania and strengthens its position as a regional leader in the implementation and development of Microsoft Business Applications solutions. The acquisition was financed by an investment from DIGMATIX’s majority shareholder, Baltic private equity fund Livonia Partners, together with financing provided by SEB Bank.
Learn moreHeka Dental has joined forces with Impilo to anchor focused buy-and-build strategy
Heka Dental, a leading Danish designer and manufacturer of premium dental treatment units, has been acquired by the Swedish private equity firm Impilo. The acquisition establishes Heka Dental as a strategic platform for consolidation in the European dental equipment market. Impilo will execute a focused buy-and-build strategy to accelerate growth and expand its footprint across Europe.
Learn more