Adyen N.V. (“Adyen”), a financial technology platform of choice for leading companies, providing end-to-end payment capabilities, data-driven insights, and financial products in a single global solution, has entered into a definitive agreement to acquire 100% of the shares in Talon.One GmbH (“Talon.One”) for a total consideration of €750 million. Talon. One is a leading platform for customer loyalty and incentives serving 300+ global merchants.
Talon.One's co-founders, Christoph Gerber and Sebastian Haas, will reinvest a meaningful portion of their proceeds in newly issued shares in Adyen.
The transaction is expected to close in the second half of 2026, subject to customary closing conditions and regulatory approvals.
Hengeler Mueller advised Adyen in an integrated team with best friends law firm De Brauw Blackstone Westbroek on the transaction.
Hengeler Mueller team for Adyen
M&A/Corporate: Ingo Berner, Jens Wenzel (both partner, both lead), Tobias Ponßen, Jonna Klockenhoff (both associate, all Berlin),
Public Law/Compliance: Fabian Quast (partner), Julia Vorländer (senior associate), Roman Kalin, Esther Vehling (all Berlin), Antonia Lilo Cramer (Düsseldorf, all associate),
Merger Control: Philipp Otto Neideck (partner), Larissa Ruch (associate, both Düsseldorf),
Financial Regulatory: Gerrit Tönningsen (partner), Katharina Limberger, Natalie-Dilan Yerlikaya (both senior associate, alle Frankfurt),
Tax: Sebastian Adam (partner), Karl Hummel (associate, both Frankfurt),
IP/IT: Matthias Berberich (counsel, Berlin), Kim Josefine Weisser (senior associate, Düsseldorf),
Employment: Hendrik Bockenheimer (partner), Andreas Kaletsch (senior associate, both Frankfurt).