Acquisition of Syntec by Eckoh PLC

BDO.LiveSite.Deals.DealTypeTransaction Services
BDO.LiveSite.Deals.IndustryTechnology & Media
BDO.LiveSite.Deals.ClientNameEckoh PLC

BDO provided financial and tax due diligence and SPA advice to Eckoh PLC on its acquisition of the secure payments services provider Syntec.

UK-based Syntec is an Ofcom-regulated network operator under the brand CardEasy, with a patent portfolio in the UK, US, EU and Australia.

The acquisition will consolidate Eckoh's market-leading position in customer engagement data and payment security and enhance its position as the largest provider of contact centre secure payment products in a growing US market benefiting from structural trends.