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.

Lawyers

Practice Areas

Sectors

This might also interest you

Stek assists Stedin in transport capacity dispute

Stek successfully represented energy distribution system operator Stedin in summary proceedings before the Rotterdam District Court. Stedin was sued by …

Read more

Stek advises Foresco Group on the acquisition of Palletcentrale

Stek advised Foresco Group, leading provider of wooden pallets, packing services and pallet recycling, on the further expansion of its …

Read more

Stek advises In Ovo on its EUR 40 million EIB financing for innovative poultry technology

Stek advised In Ovo on its EUR 40 million EIB  financing to transform agriculture with innovative poultry technology. The agreement …

Read more