Paysafe has agreed to acquire Income Access for C$40 million (€27.4 million/US$30.5 million).
Under the agreement, Paysafe subsidiaries will purchase the Income Access business from EcomAccess, IA Digital Marketing and its shareholders, as well as certain software and related intellectual property from Share Results.
An amount of C$28 million of the purchase price is payable in cash upon completion, with the deferred balance of C$12 million payable to vendors in three equal instalments of C$4 million over the 18-month period following completion.
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