Stek advises Buckaroo on the intended acquisition of payment service provider Sisow

Buckaroo acquires payment service provider Sisow. This has been agreed upon by both parties earlier this month. With Sisow having over 14,000 customers in the Dutch and Belgian market, Buckaroo considers the acquisition a strategic move to strengthen its position in the SME market. Stek represents Buckaroo and its shareholder BlackFin Capital Partners in this transaction.

The acquisition of Sisow is subject to the approval of the Dutch Central Bank (DNB). DNB is expected to render its decision in the first quarter of 2021. Thereafter, the parties intend that Sisow will be carrying the brand name ‘Sisow by Buckaroo’. Buckaroo will take on the Sisow employees, who will continue to work in the Helmond office.

Click here for the press release.

This might also interest you

Stek advises shareholders Alliander N.V. on €600m hybrid convertible loan provided to Alliander N.V.

Stek advises Elanders AB and LGI Netherlands B.V. in the acquisition of Eijgenhuijsen Exploitatie B.V. and Eijgenhuijsen Precisievervoer B.V.

Stek advises Cargill on the conclusion of a Corporate Power Purchase Agreement with Vattenfall