January 23, 2019
AnaCap-backed payment services provider heidelpay acquires Universum Group in
GERMANY--Heidelpay Group, a leading German FinTech payment services provider backed by
AnaCap Financial Partners (“AnaCap”), the specialist European financial services private equity
firm, today announces the acquisition of UNIVERSUM Group.
UNIVERSUM is an innovative Frankfurt-based payment service and debt collection provider that
specialises in “PayLater” solutions - the largest and fastest growing payment method in DACH for ecommerce
merchants. UNIVERSUM’s platform covers the entire receivables lifecycle, from creditchecking
to recovery once debt collection is required, both in Germany and globally.
UNIVERSUM represents the fifth bolt-on acquisition for heidelpay since AnaCap's initial investment
in September 2017 and continues the core strategy to build out the Group’s payments omnichannel,
product and distribution capabilities, while expanding its strong growth footprint to
service SME and large merchants in the DACH region with innovative solutions.
This acquisition further accelerates heidelpay’s already significant organic growth rate and
represents an important strategic milestone in both its portfolio expansion and diversification.
UNIVERSUM's "FlexiPay®" suite will be incorporated as part of heidelpay's existing product range
and will support the expansion of its already dominant position as an independent one-stop-shop
provider of proprietary payment methods in the European market. Acquiring a leading “PayLater”
solution marks yet another step towards accelerating the growth of an omni-channel disruptor in
the DACH e-commerce space.
Globally, processed e-commerce volumes are estimated to reach close to €4 trillion in 2019 and the
ongoing expansion of heidelpay, through both organic and inorganic initiatives, continues to
position the Company favourably to capture this highly attractive growth opportunity.
Mirko Hüllemann, founder and CEO of heidelpay, commented: "This latest acquisition is an important milestone for our future. UNIVERSUM and heidelpay have an
established track record of working together in a close and successful manner – so the takeover was a
logical next step for both parties. We will now look to drive growth and offer solutions along the entire
payment supply chain from a single source. FlexiPay®, the white label solution for PayLater and
instalment, is already integrated smoothly into all product offerings by heidelpay."
Tassilo Arnhold, Managing Director at AnaCap Financial Partners LLP, added: “This add-on acquisition is the fifth in rapid succession for heidelpay and is another important
strategic milestone in our drive to create a market leading, omni-channel and multi-jurisdiction
payment solutions provider in the DACH region. The payments landscape in the EU remains hugely
exciting and is seeing rapid consolidation of a highly fragmented industry as well as the application of
technological innovation to capture market share and generate value."
The proposed financial details for this arrangement were not disclosed.