Access PaySuite

1 result about this entity

Period: 20 Sep 2022 - 20 Sep 2022

/payments

Capita offloads Pay360 in £150 million deal

Capita plc (‘Capita’) today announces that it has agreed to sell Pay360 Limited (‘Pay360’) to Access PaySuite, a division of The Access Group (‘Access’) in a deal that values Pay360 at £150m on a cash-free, debt-free basis, representing a 14.3x multiple on 2021 EBITDA of £10.5m.