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KKR To Acquire German Digital Payments Firm Heidelpay

PYMNTS

Founded in 2003, Heidelpay enables its clients to accept online and mobile payments and is used by more than 30,000 merchants, including companies such as L’Oréal. million euros ($45 million) in earnings before interest, tax, depreciation and amortization this year, FT reported. Heidelpay expects to generate 40.5

Payments 136
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Killing Strategy: The Disruption Of Management Consulting

CB Insights

When BeverageCo sought to take advantage of digital, they had many isolated initiatives (such as online advertising and a corporate Facebook page) underway, but lacked traction in any of them. High tax rates on corporate gains meant that the best way to spend profits was to make acquisitions.

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From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

Apax Partners also first invested in King Digital in 2005, when the company was still distressed from a point of near-bankruptcy in 2003. That was when he approached Capital Today, pitched his vision of a “full-service online retailer,” with a focus on logistics, and asked for $2M.

Lending 78
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Dynamic Duo

Independent Banker

Since Alabama is a regional banking center, Shelby has learned various perspectives about maintaining a diversified banking system. Read a more in-depth summary online at www.icba.org/PFP2015. Broaden use of five-year-loss carry-back tax provision. Shelby: Alabama roots. He’s a free-market conservative,” Lynch says.