Peddie Bell
Peddie Bell

Concardis Payments Group

Bain Capital/ Advent International 


Consultant, Finance Transformation


Concardis is a Payment Service Provider in the DACH Region, with Revenue of c.€600m and EBITDA of c.€70m


Victoria was engaged to support the new CFO in the initial post acquisition workstreams, with a focus on key deliverables and transformation planning including: 

  • Establishment of the new Group - functionally and culturally
  • Month end close improvement - speed and accuracy - reduced from >12WD to WD7
  • Review and recruitment of first line of reports to CFO
  • Review of structure and size of all teams and realignment for future needs, including set up of Group Treasury and recruitment of experienced payments project resource for major product development
  • Major BI/ ERP reconciliation project
  • Year end accounts delivery and preparation of first round of Consolidated Lender Reporting
  • planning for merger integration with Nets A/S
  • German GAAP to IFRS Conversio