Clear2Pay scotches sale story
Clear2Pay, the Brussels-based payments systems company, says that selling the company “is not part” of its current plans. The company was responding to a Reuters report that one of its private equity investors is considering selling its stake.
In a statement, the two founders, Michel Akkermans, chief executive and chairman and Jürgen Ingels, chief financial officer, said: “Clarity is a guiding principle in our company, and as such we care to reply to this statement to position quite clearly to our clients, staff, analysts, media and other stakeholders in our industry where we stand on this matter. Aquiline is one of the private equity/venture capital investors in our company and we have enjoyed a very fruitful and excellent working relationship since December 2009.
“Professional investors do invest and sell their stakes at chosen times; this is what they are supposed to do. However this does not mean that the company as a whole will be sold. We are in the midst of a very active year and we, and our 1,200 staff globally, focus on building the company out further and selling the company is not part of that.”
Last year it was widely reported that an acquisition of Clear2Pay by Indian software and services firm Infosys had fallen through.