Activity :
Financial services, Tech & Digital
Customer :
EMP CORP
Acquirer :
SysPay
Advice :
Nicolas Ibanez, Florian Leginy
About Largillière Finance
With offices in Paris, Nantes, Brussels and Geneva, Largillière Finance is an independent investment bank dedicated to assisting managers and shareholders of small and medium-sized companies with their capital transactions: company sales and acquisitions, financing (capital and/or debt), financial engineering (valuation, etc.) and financial strategy.
Acquisition - 2019
EMP Corp strengthens its technical and regulatory expertise with the acquisition of the SysPay Electronic Money Issuer
Paris, January 2019 – Founded in late 2013 by Gilles Moro, Hervé Arnould and Franck Pilarek, three payment services professionals, EMP Corp is an innovative provider of payment services based in Luxembourg. The company is particularly active on the business of processing secure online payments and e-currency offline (vouchers).
EMP Corp has significant competitive advantages that result in strong barriers to entry. In very strong growth since its creation, the company has electronically processed more than 400 million euros of transaction volume in 2018.
In close partnership for several years, the EMP Corp shareholders have mandated the investment bank Largillière Finance with the objective of acquiring a company holding the status of European EME (Electronic Money Issuer). This approval is very difficult to obtain and few payment service companies get it.
Among the mergers proposals with European fintech identified by Largillière Finance, EMP Corp’s shareholder-managers have decided to retain SysPay, a Maltese company operating in the European Union countries. Founded in 2012 by experts in the online payment industry, the company was one of the first European companies to achieve European EME status.
About EMP Corp (www.empcorp.com)
Based in Luxembourg, EMP Corp is an European payment service provider specializing in online payment solutions. The company is developing an innovative e-wallet to process online merchant credit cards, prepaid purchase vouchers for Internet purchases and prepaid card management. In 2017, EMP Corp generated close to € 12 million in revenues for more than € 3 million in EBITDA.
About SysPay (www.syspay.com)
Based in Malta, SysPay is an European Financial Institution with the status of EME. The company offers merchants a unique, transparent payment solution to accept all payments anywhere on any device in 23 currencies. SysPay is also the first payment institution dedicated to the hotel sector.
Stakeholders list :
| Buyer : EMP Corp | Gilles Moro, Hervé Arnould, Franck Pilarek |
| Sell Side : SysPay | |
| Buyer Advisor : Largillière Finance | Nicolas Ibanez, Florian Leginy |
| Buy Side Corporate Lawyer : Bird & Bird | Bertrand Levy, Cathie-Rosalie Joly, Carole Bodin |
| Sell Side Corporate Lawyer : Camilleri Preziosi | Malcolm Falzon, Andrei Vella, Diane Bugeja, Nicola Buhagiar |
Gilles Moro, co-founder and CEO of EMP Corp, told us: “With this acquisition, we are taking a significant step forward in our development project which aims to make us a benchmark player in payment services with more than a billion EUR in volume of transactions over three years. Time to obtain EME status is very long in practice. Largillière Finance, thanks to its unique and very comprehensive knowledge of EMEs in Europe, made it possible to realize our strategy in a few months.
Nicolas Ibanez, Largillière Finance’s Partner: ” We are very proud to have supported EMP Corp and its shareholders for several years in their ambitious development plan. This acquisition allows the company to increase its technological and regulatory advantage over its competitors. ”
With more than 35 employees, a strong international presence and nearly 30 operations in 2022, Largillière Finance confirms its leader position in small and midcap in France.
2021 – Fusions & Acquisitions – Opérations Small Cap – Banque d’affaires – France 2021 – Capital investissement – Opérations LBO Small Cap – Banque d’affaires – France
Investment Banking: Growth Dynamics: Silver Trophy 2022 M&A Advisory: Retail & Consumer Goods, FIG, TMT, Industry: 2021 Silver Trophy.About Largillière Finance
With offices in Paris, Nantes, Brussels and Geneva, Largillière Finance is an independent investment bank dedicated to assisting managers and shareholders of small and medium-sized companies with their capital transactions: company sales and acquisitions, financing (capital and/or debt), financial engineering (valuation, etc.) and financial strategy.
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