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New Deal


Announced

Completed

Global Payments completed the acquisition of Zego from Vista Equity Partners for $925m.

Financials

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Transaction Value£666m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

United States

Auto Technology

smart home devices

Domestic

Private Equity

Single Bidder

Acquisition

Private

Completed

Synopsis

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Global Payments, a provider of payment technology and software solutions, completed the acquisition of Zego, a provider of resident experience management software, from Vista Equity Partners, an investment firm, for $925m. “This acquisition aligns perfectly with Global Payments’ strategy by enhancing our position at the convergence of software and payments in one of the largest and most attractive vertical markets worldwide, where digital commerce and omni-channel trends are rapidly accelerating,” Cameron Bready, Global Payments President and Chief Operating Officer.

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