Vesiel S.p.A. is a prime player in payment systems for the vending industry. Turnover in 2007 has been of about € 8 million.

OTR Tech, leader in payment systems for gaming, shipping, car wash and laundry, has reached a leading position as producer of pharmaceutical vending machines.

Springwater Capital LLC (“SWC”) is a private equity firm founded in 2001, based in Geneva and London. The investment team has experience in industry and in private equity. SWC targets middle-market European companies with deal value between € 25 and € 500 millions.

Cross Border, the only Italian M&A advisor with experience in payment systems for the vending industry, originated the transaction and assisted the merger, contributing to value creation.