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Global Fintech Company Givex Completes Acquisition Of Counter Solutions

Aug 15, 2022almost 3 years ago

Acquiring Company

Givex Corp

Acquired Company

Counter Solutions

BahamasFinancial ServicesSoftware

Description

Givex Information Technology Group LTD ("Givex") (TSX: GIVX) (OTCQX: GIVXF) has completed the purchase of all of the outstanding shares of Counter Solutions Holdings LTD ("Counter Solutions").

Company Information

Company

Givex Corp

Location

303 SHIRLEY STREET, PO BOX 294

Bahamas

About

Givex (TSX: GIVX) is a global fintech company providing merchants with customer engagement, point-of-sale and payment solutions in a single platform. We are integrated with 1000+ technology partners, creating a fully end-to-end solution that delivers powerful customer insights. Our platform is used by some of the world's largest brands, comprising approximately 96,000 locations across more than 100 countries. Learn more at givex.com.

FundzWatch™ Score

73
High M&A Activity

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed