HPE Growth Capital to acquire minority stake in Wincor Nixdorf subsidiary AEVI

In the context of a capital increase worth up to EUR 30 million, HPE Growth Capital is acquiring a minority stake in AEVI, a subsidiary of Wincor Nixdorf AG, with retroactive effect from October 1, 2015. AEVI intends to use the extra capital to accelerate its successful growth trend in the market for cashless payments.

Paderborn, Germany, 2016-May-11 — /EPR Retail News/ — AEVI had been carved out of the Wincor Nixdorf group at the start of the financial year (October 1) in a move which saw it position itself as an independent company with the aim of becoming a global leader in the dynamic market for cashless payment solutions. Prior to becoming an autonomous operation, AEVI had generated annual revenue of around EUR 50 million.

The capital increase is to be used primarily to further accelerate AEVI’s strong growth and to expand its global presence. “With HPE, we are delighted to have found an investor for AEVI that has a wealth of expertise in global payments. We are convinced that AEVI will profit from its shareholders Wincor Nixdorf, a global leader in cash-related payments, and HPE. We want to promote internationalization, intensify our sales and marketing activities, and invest in other innovations in payments and the B2B apps marketplace,” explained Eckard Heidloff, President and CEO of Wincor Nixdorf.

Tim van Delden, Partner & Chief Investment Officer of HPE commented as follows: “AEVI has the clear potential to become a game-changer in the area of global face-to-face payments. Its innovative payments platform combined with the B2B apps marketplace is helping to resolve current inefficiencies in this market.”

In an initial tranche, a capital increase of EUR 20 million was facilitated; however, HPE and its investors have the option of purchasing further shares in AEVI in a second tranche worth up to EUR 10 million. Wincor Nixdorf intends to retain a majority holding in AEVI in the long term, too.

Support in the investment process was provided exclusively by Berenberg Bank.

About AEVI
AEVI has developed a unique open ECO system to bring merchant banks / merchant acquirers closer to their merchants, and merchants closer to their consumers. It provides a global gateway for payment transactions together with a marketplace for high quality value added apps and services (VAAS) providing new business opportunities beyond payments. This enables fast and effective innovation, plus enhanced control and flexibility. This combination delivers a reduced total cost of ownership for our clients.
We work with our customers to help them embrace collaboration and adopt open solutions that have the power to deliver more value and better meet the needs of today’s consumer.
In short we enable businesses to DO MORE.

Press Contact

Press/Financial Press

Andreas Bruck
Head of Corporate Communications
Phone: +49 5251 693 5200
E-Mail: andreas.bruck@wincor-nixdorf.com

Press/Trade Press

Dr. Thomas Daubenbüchel
Head of Press and Editorial Office
Phone: +49 5251 693 5212
E-Mail: thomas.daubenbuechel@wincor-nixdorf.com

Ulrich Nolte
Phone: +49 5251 693 5211
E-Mail: ulrich.nolte@wincor-nixdorf.com

Trade Press

Claudia Wendorff-Goerge
Phone: +49 5251 693 5203
E-Mail: claudia.wendorff-goerge@wincor-nixdorf.com

Wincor Nixdorf showcases its cashless payment solutions portfolio at CARTES Secure Connexions in Paris

Launch of Aevi Community portal

Paderborn, Germany, 2014-11-5— /EPR Retail News/ — Wincor Nixdorf, one of the world’s leading providers of IT solutions to the retail and banking industries, is showcasing its cashless payment solutions portfolio at CARTES Secure Connexions. This new portfolio – Aevi – will revolutionize the world of payments.

Wincor Nixdorf’s new Cashless Payment Solutions business unit, with its 360° view of cashless transactions, bridges retail and banking using a wide range of services and all possible channels. This approach allows Wincor Nixdorf’s business partners to focus more on their customers and core businesses, and less on the mechanics of different payment transaction systems and products.

The Aevi portfolio consists of the products Aevi Pay, Aevi Money and Aevi Marketplace. It is different than other cashless payment solutions because the three pillars that underpin it are more than just independent product propositions; they are designed to integrate with each other, with third-party systems and with the customer’s existing IT.

During CARTES, Aevi will be introducing a new communications platform for application developers and business partners who are interested in Aevi: community.aevi.com.
Currently Aevi Community has two dimensions in which each user can

•participate as a developer in the developer community, for example by creating new apps for Albert, Aevi’s interactive payment device, and

•become a member of our community as a partner and learn more about our solutions.

All the solutions transform business into a more open, secure and integrated environment and help retailers and banks operate seamlessly in an international, digital and omnichannel world to enrich the customer experience, from the first touchpoint to the final transaction.
“We simplify payment processing by offering flexibility and multichannel solutions through one open, neutral transaction environment with guaranteed stability and security,“ said Miroslav Pekárek, Head of Cashless Payment Solutions at Wincor Nixdorf.
Visiting Wincor Nixdorf’s booth is a good opportunity to learn more about Aevi and all the services and transaction channels it offers.

Wincor Nixdorf at CARTES: Booth B4M010