Cresco

News – Domestic and International mergers & acquisitions

Clear2Pay in acquisition of ISTS Inc

We have assisted Clear2Pay (www.clear2pay.com) in the preparation, negotiation and closing of the USD 13 million purchase of ISTS, Inc., a US-Indian end to end technology services provider to the Retail & Payment Industry. 

Clear2Pay is an innovative payments technology company, headquartered in Mechelen (Belgium), and focuses on delivering globally applicable solutions for secure, timely and streamlined payments processing.

Following our assistance in the successful completion of the recent acquisitions of J-Ware, Lexcel and Level Four, this is Clear2Pay’s third acquisition of 2011, which allows Clear2Pay to further strengthen its market position.

David Dessers and Pieter Capiau constituted the deal team for this transaction.  

For any further information or questions, please contact David Dessers.

Our people