Quarto is the leading Dutch provider of payment solutions to the catering sector. Twelve is a FinTech company, leading in payment solutions to Dutch sport clubs, stadiums and events. The acquisition doubles the size of Twelve in terms of employees. Dutch MidCap Alliance partner Rembrandt M&A advised the shareholders of Quarto Holding B.V., on its sale of Quarto B.V. and Quarto België N.V. to Twelve B.V., portfolio company of MBO & Groeifonds.