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Announced

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Global Payments completed the acquisition of AdvancedMD from Marlin.

Synopsis

Global Payments, a provider of payment technology and software solutions, completed the acquisition of AdvancedMD, provider cloud-based software as a service solutions to small-to-medium sized ambulatory physician practices, from Marlin for $700m. “We are delighted to expand our owned software portfolio with the addition of AdvancedMD, a leader in the large and fragmented healthcare vertical market. This acquisition aligns perfectly with our software-driven strategy and will add significant SaaS revenue in a new, attractive market with strong payment fundamentals, further accelerating our business mix toward technology enablement," Jeff Sloan, Global Payments’ Chief Executive Officer.

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