Corestar Partners advises PayCo and its shareholders on its equity capital increase and merger

Corestar Partners is pleased to announce that it acted as exclusive financial advisor to Payment Company AG and its shareholders (“PayCo”) on its capital increase combined with a merger with a complementary payment services specialist, to form a platform for future growth.
PayCo was founded in 2010 by seasoned payment services specialists, aiming at creating a simple and hassle free one stop shop solutions for merchants throughout Europe. Its full-service payment approach means that just one service contract is required for merchants to accept payments. PayCo then manages the merchant’s entire online payments and there is no need to negotiate individually with banks, credit card companies and payment service providers, or to perform technical updates.
The company together with its partner is going to use the proceeds of this capital increase to execute upon its growth strategy.
This transaction demonstrates Corestar Partners’ deep expertise in advising growth companies in the payment services sector in forming strong alliances for future growth.