Go to deals

Financial Services | TMT

Private investors have acquired ORO PAY, a Cyprus-registered EMI

March 2022 — A group of private investors have acquired ORO PAY, a fast-growing electronic money institution (EMI) licensed by the Central Bank of Cyprus.

ORO PAY offers secure and convenient payment solutions licensed by the Central Bank of Cyprus. Catering to the needs of both individuals and corporate clients, ORO PAY provides a seamless and cost-effective alternative for merchants and users. Its intuitive payment account solution is designed to enhance the convenience of financial transactions for businesses and individuals.

Our role in the transaction

Oaklins’ teams in Latvia and Cyprus advised the buyer, identified the target and executed the transaction. The team in Cyprus also performed the regulatory due diligence and supported the buyer in the application and communication with the Central Bank of Cyprus.

Service

M&A buy-side

Parties

“We are excited to welcome the new owners of ORO PAY, who are poised to provide us with the tools needed to achieve our ambitious pan-European growth plans. The acquisition process was remarkably efficient and smooth, with minimal disruption to our day-to-day operations, thanks to the Oaklins team’s experience and professionalism in the due diligence and negotiation of the deal.”

Panayiotis Konstantinou

CEO, ORO PAY

Talk to the deal team

Valērija Lieģe

Partner

Riga, Latvia
Oaklins Baltics

View profile Get in touch

Dinos Constantinou

Partner

Nicosia, Cyprus
Oaklins Cyprus

View profile Get in touch

Reinholds Razums

Associate Partner

Riga, Latvia
Oaklins Baltics

View profile Get in touch

Constantinos Mourettos

Associate Director

Nicosia, Cyprus
Oaklins Cyprus

View profile Get in touch

Related deals

OEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value

Private Equity | TMT

OEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value

OEP Danzig BidCo S.p.A. has completed a mandatory tender offer for the shares of Digital Value S.p.A.

Learn more

360 Experience Group has merged with GoodFellows

Business Support Services | TMT

360 Experience Group has merged with GoodFellows

360 Experience Group, a European end-to-end service provider of live experiences, and GoodFellows have merged to create one of the largest live experiences players in Europe. By pooling their strengths under the 360 Experience Group banner, the merged group will span the full breadth of the live industry and bring together 16 specialized companies, including Live Legends, Unlimited Productions, Unbranded, TIG Sports and Events and Kumpany. The group will provide end-to-end solutions for the realization of large-scale live entertainment, international sports and public events and impactful brand activations. The combined business will generate over US$90 million in revenue and employ more than 230 people.

Learn more

Census Group has acquired Auditus Tilintarkastus Oy

Private Equity | Financial Services | Other Industries

Census Group has acquired Auditus Tilintarkastus Oy

Backed by Swedish Aspira Partners, Census Group has acquired SYS Audit Oy, Lecklé Oy, Tiliextra Oy, Tase-Koivu Oy Tilintarkastusyhteisö, HJL Audit Oy and Auditus Tilintarkastus Oy. These transactions mark the creation of new platform in the Finnish audit and advisory services market. The newly formed group is jointly owned by Aspira Partners, entrepreneurs and key employees united by a shared vision and strong commitment to serving small and medium-sized enterprises (SMEs).

Learn more