Skip to main content

Please enter a keyword and click the arrow to search the site

ProPay Ltd (A)

Subject

Economics, Strategy and Entrepreneurship

Authors / Editors

Willey K

Biographies

Publication Year

2018

Abstract

Rick Stein gazed out at Propay Ltd’s car park where his fifteen-year-old car now languished.A year ago ProPay’s previous owner parked his Maserati in the exact same spot – a contrast that seemed oddly symbolic of Rick’s current predicament. He had bought the payments gateway business after raising a Search Fund from a number of private investors and with a plan to improve what he perceived to be an ‘undermanaged’ business. A few months later it had become apparent that more funding was needed. He returned to his financial model to consider his position…

Topic List

Financing, Mergers and Acquisitions, Search funds

Industry

Electronic payments

LBS Case Number

CS-18-021

Location

United Kingdom

Available on ECCH

No


Select up to 4 programmes to compare

Select one more to compare
×
subscribe_image_desktop 5949B9BFE33243D782D1C7A17E3345D0

Sign up to receive our latest news and business thinking direct to your inbox

×

Sign up to receive our latest course information and business thinking

Leave your details above if you would like to receive emails containing the latest thought leadership, invitations to events and news about courses that could enhance your career. If you would prefer not to receive our emails, you can still access the case study by clicking the button below. You can opt-out of receiving our emails at any time by visiting: https://london.edu/my-profile-preferences or by unsubscribing through the link provided in our emails. View our Privacy Policy for more information on your rights.