DC Advisory advises Easytrip Services Ireland Ltd on its sale to DKV Mobility

Background

• Easytrip Services Ireland is a joint venture between French multinational, Egis and Irish company, Electro Automation Limited
• Combining over 30 years of experience in electronic toll collections, car parking control equipment, access systems and payments technology, Easytrip Services Ireland offers its customers and partners leading mobility payment solutions
• DKV Mobility is a leading European B2B platform for on-the-road payment solutions

Process

• DC Advisory acted as exclusive financial advisor to the shareholders of Easytrip Services Ireland on its sale to DKV Mobility
• DC Advisory worked with Easytrip Services Ireland to engage a global group of potential acquirers who aligned with the shareholders’ vision and commitment to supporting Easytrip’ development plan
• DC Advisory leveraged its knowledge of the business service space to identify a tailored group of appropriate buyers
• DC Advisory ran a competitive process resulting in numerous bids

Outcome

• Easytrip Services Ireland was sold to DKV Mobility
• This transaction further showcases DC Advisory’s deep expertise in the Technology & Software space

“We are delighted with all the support that we received from the DC Advisory team during the sales process. James Doody and Eoin Nagle helped us navigate through a number of complex situations which really added value for the shareholders. We now turn our attention to continuing to grow our technology solutions and services here in Ireland and I am personally excited about partnering with DKV Mobility for our next phase of growth”