Eckoh looks to acquire Syntec

Eckoh, a global supplier of secure payment products and customer contact solutions, has entered into an agreement to acquire the entire issued share capital of Syntec Holdings Limited (“Syntec”), a provider of secure payments solutions, for a total consideration of £31 million through a combination of cash and new Eckoh shares.

The deal would consolidate Eckoh’s position in customer engagement data and payment security, enhancing Eckoh’s standing as the largest provider of contact centre secure payment products in the key US market. The deal would also deliver a number of clients operating in multiple territories through cloud delivery, and include technology & IP assets including products protected by international patents.