01 2018

Majority sale to Heidelplay and AnaCap


Exclusive financial and strategic advisor to the shareholders of mPAY24

Deal Team

Milan Bartik
Clemens Hisch

Transaction Summary

AnaCap Financial Partners (“AnaCap”) signed an agreement to acquire 100% of mPAY24 GmbH (“mPAY24”) as bolt-on investment for heidelpay.

Previous majority shareholders, top payment services executives Michael Müller and Bernd Egger, will remain with mPAY24 leading the integration of the business to the Heidelpay group.
“AnaCap acquires mPAY24 as bolt-on investment for heidelpay”.

Overview of mPAY24

Founded in 2001, mPAY24 is a Vienna-based PSP primarily focused on e-commerce technical payment processing services. The e-commerce payments platform is used by over 2,000 merchants today and enjoys a reputation as the “go-to” specialist for solutions in online payment transactions in Austria.

In 2015, mPAY24 was fully taken over by Michael Müller, previously co-founder and CEO of, and Bernd Egger, previously CFO of

The acquisition of mPAY24 by Heidelpay marks the second bolt-on acquisition to Heidelpay. Acquiring a leading provider in the Austrian market marks yet another step towards establishing a multi-jurisdiction payment solutions provider, offering a full suite of omni-channel payment services for its valued merchants.

Corestar Partners’ Role

Corestar Partners acted as exclusive financial advisor to the shareholders of mPAY24, providing in-depth strategic, process positioning and valuation services.