Nets Corporate Services

Nets Corporate Services, a key player in the European payments industry, has a rich history that reflects the evolution of digital payments. The company was founded in 1968 in Denmark, originally as a national payment card provider. Over the years, Nets expanded its services to include a wide range of payment solutions, catering to both businesses and consumers across Europe.

In 2014, Nets underwent a significant transformation when it was acquired by a consortium of private equity firms, including Advent International, Bain Capital, and ATP. This acquisition marked a new chapter for Nets, enabling it to accelerate its growth and innovation in the payments sector.

Under the leadership of CEO Bo Nilsson, Nets continued to expand its footprint through strategic acquisitions and partnerships. In 2016, Nets went public with an IPO on the Copenhagen Stock Exchange, further solidifying its position as a leader in the payments industry.

In 2018, Nets was acquired by the U.S.-based payments company, Hellman & Friedman, in a deal valued at approximately €4.4 billion. This acquisition was a testament to Nets' strong market position and its potential for future growth.

Today, Nets continues to innovate and expand its services, playing a crucial role in the digital transformation of payments across Europe. Its journey from a national card provider to a leading European payments company highlights its adaptability and commitment to meeting the evolving needs of its customers.