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Bambora Group acquires Beanstream from Digital River

Date Closed

September 30, 2015

Lead Office


On September 30, 2015, Bambora Group acquired Beanstream Internet Commerce from Digital River, Inc.

The Bambora Group was launched in May 2015 and already handles more than $50 billion in transaction value a year, of which more than 70 percent is online. Bambora has 520 employees with offices in seven countries. The group consists of industry innovators, engineers, financial advisors, marketers and digital developers who all share a common goal – simplifying trade between people, in-store as well as online and using mobile devices.

McCarthy Tétrault LLP advised Bambora with a team led by David Woollcombe.