PTL acquires payments solution Apco Ltd.
PTL International, the technology subsidiary of Hili Ventures, has just acquired APCO Limited, the Malta-based payment gateway provider and a key player in the remote gaming sector.
APCO’s Ian Pellicano told SiGMA: “PTL International is a leading IT cluster and is among the most diversified in Malta. By being part of this ambitious group of companies with a presence in seven countries across Europe, the Middle East and North Africa, APCO will consolidate its market positioning and strengthen its competitiveness.”
This is PTL International’s second key acquisition this quarter. On July 1, it announced the purchase of SAD, Poland’s largest Apple retailer. PTL International now boasts a team of more than 400 people and an annual turnover that will exceed €100 million.
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