Apollo, an asset manager, agreed to acquire the terminals, solutions & services business line of Worldline, a payment and transactional services company, for €2.6bn. “TSS is the leading hardware player in the payments infrastructure ecosystem with a strong Ingenico brand and leading market shares across all regions of operations. We are excited about partnering with TSS’s management team to continue growing TSS in hardware, software, and services areas where there is already strong momentum. We look forward to supporting TSS in its next phase of business transformation and becoming the ecosystem enabler in the new world of payments acceptance globally. Worldline will remain a key customer for TSS and an important partner in this strategic journey," Michele Raba, Apollo Partner.