Professional and Financial Services | North West | £2.5m Turnover A north west financial services company providing card issuing and transaction processing services, is seeking investment (of £2.5m) or acquisition.
The company has a turnover of £2.5m and is a long established business with blue chip clients and a strong reputation in the prepaid industry. It has a highly regarded management and sales team that deliver award winning products and programmes.
It has Pan-European FSA approval (e-money license) and VISA and MasterCard licenses in the prepaid market. The company has in-house card processing capabilities and currently processes transactions originating in the UK, Europe and the US.
There are excellent growth opportunities for the acquirer/investor. It would be a good opportunity for industry consolidators looking for synergies, and for new entrants to the European market who are looking for an existing platform.
turner parkinson LLP is a Manchester based commercial law firm, specialising in SMEs and owner managed businesses with a turnover between £0.5m - £20m.
