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Fiserv Acquires CCV

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Fiserv (NYSE: FI) has acquired CCV, a payment solutions provider operating in the Netherlands, Belgium and Germany. The strategic acquisition aims to accelerate the deployment of Fiserv's Clover platform across Europe while enhancing capabilities for their combined merchant and partner base.

CCV, founded in Arnhem in 1958, has been a pioneer in payments, notably facilitating the first electronic payments in the Netherlands in the 1970s. The company has grown to become a significant player in the omni-channel payment solutions sector.

The integration optimizes both companies' operational and client support models to create a comprehensive omnichannel payment solution offering. The acquisition will enable more European businesses to access Fiserv's suite of products. Financial terms of the transaction were not disclosed.

Fiserv (NYSE: FI) ha acquisito CCV, un fornitore di soluzioni di pagamento attivo nei Paesi Bassi, in Belgio e in Germania. Questa acquisizione strategica mira ad accelerare il dispiegamento della piattaforma Clover di Fiserv in tutta Europa, migliorando al contempo le capacità per la loro base di commercianti e partner combinata.

CCV, fondata ad Arnhem nel 1958, è stata pioniera nei pagamenti, facilitando in particolare i primi pagamenti elettronici nei Paesi Bassi negli anni '70. L'azienda è cresciuta fino a diventare un attore significativo nel settore delle soluzioni di pagamento omnicanale.

L'integrazione ottimizza i modelli operativi e di supporto clienti di entrambe le aziende per creare un'offerta completa di soluzioni di pagamento omnicanale. L'acquisizione permetterà a un numero maggiore di aziende europee di accedere alla suite di prodotti di Fiserv. I termini finanziari della transazione non sono stati divulgati.

Fiserv (NYSE: FI) ha adquirido CCV, un proveedor de soluciones de pago que opera en los Países Bajos, Bélgica y Alemania. Esta adquisición estratégica tiene como objetivo acelerar el despliegue de la plataforma Clover de Fiserv en toda Europa, al tiempo que mejora las capacidades para su base combinada de comerciantes y socios.

CCV, fundada en Arnhem en 1958, ha sido pionera en pagos, facilitando en particular los primeros pagos electrónicos en los Países Bajos en los años 70. La empresa ha crecido hasta convertirse en un actor significativo en el sector de soluciones de pago omnicanal.

La integración optimiza los modelos operativos y de soporte al cliente de ambas empresas para crear una oferta integral de soluciones de pago omnicanal. La adquisición permitirá a más empresas europeas acceder a la suite de productos de Fiserv. Los términos financieros de la transacción no fueron divulgados.

Fiserv (NYSE: FI)는 네덜란드, 벨기에 및 독일에서 운영되는 결제 솔루션 제공업체인 CCV를 인수했습니다. 이 전략적 인수는 Fiserv의 Clover 플랫폼을 유럽 전역에 배포하는 것을 가속화하고, 결합된 상인 및 파트너 기반에 대한 역량을 강화하는 것을 목표로 합니다.

CCV는 1958년 아른험에서 설립되어 1970년대 네덜란드에서 최초의 전자 결제를 촉진하며 결제 분야의 선구자가 되었습니다. 이 회사는 옴니채널 결제 솔루션 분야에서 중요한 플레이어로 성장했습니다.

이번 통합은 두 회사의 운영 및 고객 지원 모델을 최적화하여 포괄적인 옴니채널 결제 솔루션을 제공합니다. 이번 인수로 더 많은 유럽 기업들이 Fiserv의 제품군에 접근할 수 있게 될 것입니다. 거래의 재무 조건은 공개되지 않았습니다.

Fiserv (NYSE: FI) a acquis CCV, un fournisseur de solutions de paiement opérant aux Pays-Bas, en Belgique et en Allemagne. Cette acquisition stratégique vise à accélérer le déploiement de la plateforme Clover de Fiserv à travers l'Europe tout en améliorant les capacités de leur base de commerçants et de partenaires combinée.

CCV, fondée à Arnhem en 1958, a été pionnière dans le domaine des paiements, facilitant notamment les premiers paiements électroniques aux Pays-Bas dans les années 1970. L'entreprise est devenue un acteur majeur dans le secteur des solutions de paiement omnicanal.

L'intégration optimise les modèles opérationnels et de support client des deux entreprises afin de créer une offre complète de solutions de paiement omnicanal. L'acquisition permettra à un plus grand nombre d'entreprises européennes d'accéder à la suite de produits de Fiserv. Les conditions financières de la transaction n'ont pas été divulguées.

Fiserv (NYSE: FI) hat CCV übernommen, einen Anbieter von Zahlungslösungen, der in den Niederlanden, Belgien und Deutschland tätig ist. Die strategische Übernahme zielt darauf ab, die Einführung der Clover-Plattform von Fiserv in ganz Europa zu beschleunigen und gleichzeitig die Fähigkeiten für ihre kombinierte Händler- und Partnerbasis zu verbessern.

CCV, gegründet 1958 in Arnhem, war ein Pionier im Bereich der Zahlungen und erleichterte in den 1970er Jahren die ersten elektronischen Zahlungen in den Niederlanden. Das Unternehmen hat sich zu einem bedeutenden Akteur im Bereich der Omni-Channel-Zahlungslösungen entwickelt.

Die Integration optimiert die Betriebs- und Kundenservicemodelle beider Unternehmen, um ein umfassendes Angebot an Omni-Channel-Zahlungslösungen zu schaffen. Die Übernahme wird es mehr europäischen Unternehmen ermöglichen, auf das Produktportfolio von Fiserv zuzugreifen. Die finanziellen Bedingungen der Transaktion wurden nicht bekannt gegeben.

Positive
  • Strategic expansion into key European markets (Netherlands, Belgium, Germany)
  • Enhancement of Fiserv's payment solutions capabilities
  • Integration of established payment provider with 67-year history
  • Acceleration of Clover platform deployment across Europe
Negative
  • Financial terms not disclosed, limiting assessment of deal value and impact
  • Integration costs and challenges may affect short-term performance

Insights

Fiserv's acquisition of CCV represents a strategic expansion in the European payments market that strengthens the company's competitive positioning. By acquiring this established player with operations across the Netherlands, Belgium, and Germany, Fiserv gains immediate market access and local expertise in these regions.

The primary strategic value comes from accelerating the deployment of Fiserv's Clover platform across Europe. Clover has been a significant growth driver for Fiserv in recent years, and this acquisition provides both the infrastructure and client relationships to expand this high-margin platform more rapidly into new markets.

While financial terms weren't disclosed, this type of acquisition typically involves integration of complementary payment processing infrastructures, which should create operational efficiencies. The deal enhances Fiserv's omnichannel capabilities, allowing it to better serve merchants with both in-store and digital payment solutions.

CCV's 67-year history and pioneering role in Dutch electronic payments suggest a well-established merchant base and technological foundation that Fiserv can leverage. The acquisition fits perfectly with Fiserv's inorganic growth strategy, which has consistently focused on expanding its geographical footprint and technological capabilities through strategic acquisitions.

For investors, this represents continued execution on Fiserv's international growth strategy and strengthens its ability to compete with other global payment giants in the European market.

Acquisition enhances Fiserv’s payment solutions capabilities and innovation across European market

MILWAUKEE & ARNHEM, The Netherlands--(BUSINESS WIRE)-- Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology today announced that it has acquired CCV, a payment solutions provider in the Netherlands, Belgium and Germany, demonstrating continued focus on driving growth in the European market. The acquisition enables Fiserv to accelerate the deployment of its Clover platform and operating system across Europe, while providing enhanced capabilities and innovation to an expansive, combined merchant and partner base. Financial terms of the transaction were not disclosed.

Founded in Arnhem, in 1958, CCV has been a pioneer in payments, facilitating the first electronic payments in the Netherlands in the 1970s and growing substantially to become a prominent player in the omni-channel payment solutions sector, with operations in the Netherlands, Belgium and Germany. This acquisition optimises the existing operational and client support models of both Fiserv and CCV to create a robust omnichannel offer allowing more businesses across Europe to seamlessly accept payments with Fiserv’s suite of products.

“The addition of CCV enables Fiserv to accelerate the deployment of our Clover platform and operating system, providing enhanced capabilities and innovation to our clients across Europe,” said Katia Karpova, Head of the EMEA region at Fiserv. “We have a deep appreciation and admiration for the reputation CCV has built over its 67-year history, and the impact the company has on its stakeholders. Fiserv is committed to building upon CCV’s strong foundation to ensure continued success.”

“Businesses are continuously looking for ways to operate more effectively, with added value applications and services in a secure manner. Providing our merchant and partner network with Fiserv’s suite of products allows them to access the latest, best and most reliable payment technology,” said Michiel Bijleveld, CTIO CCV. “We are proud to be joining the Fiserv family and with our complementary strategic capabilities, provide seamless, end-to-end solutions for our current and future clients.”

About Fiserv

Fiserv, Inc. (NYSE: FI), a Fortune 500 company, aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale and business management platform. Fiserv is a member of the S&P 500® Index and one of Fortune® World’s Most Admired Companies™. Visit fiserv.com and follow on social media for more information and the latest company news.

About CCV

CCV is an international payment solutions provider serving more than 600,000 businesses with end-to-end payment solutions in Europe. Its comprehensive portfolio includes transaction processing, online and closed-loop payments, acquiring services and a wide range of in-store and self-service payment terminals. Its success is based on innovation and long-term customer-oriented cooperation through partnerships and with SMEs. CCV has been in existence for over 65 years and employs around 1,000 employees. The company is privately owned.

FI-G

Media Relations:

Jack Hickey

VP, EMEA Communications

Fiserv, Inc.

+353834488339

Jack.hickey@fiserv.com

Additional Contact:

Melissa Moritz

VP, Corporate Communications

Fiserv, Inc.

+1.516.410.1188

Melissa.moritz@fiserv.com

Investor Relations

Julie Chariell

SVP, Investor Relations

Fiserv, Inc.

+1.212.515.0278

Julie.chariell@fiserv.com

Source: Fiserv, Inc.

FAQ

What is the strategic importance of Fiserv's acquisition of CCV?

The acquisition accelerates Fiserv's Clover platform deployment across Europe and enhances payment capabilities for their combined merchant base in the Netherlands, Belgium, and Germany.

How will the CCV acquisition impact Fiserv's European market presence?

It strengthens Fiserv's presence in key European markets and optimizes operational support models to create a more robust omnichannel payment solution offering.

What is CCV's history and market position?

Founded in 1958, CCV pioneered electronic payments in the Netherlands in the 1970s and has grown into a prominent omni-channel payment solutions provider in the Benelux region and Germany.

What technology integration will result from Fiserv's CCV acquisition?

The acquisition will integrate CCV's payment solutions with Fiserv's Clover platform and operating system, providing enhanced capabilities across Europe.
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