Announced
Completed
Financials
Tags
Friendly
Acquisition
Single Bidder
it services
payment processing
Payments / Commerce
United States
Majority
Public
Domestic
Completed
Synopsis
Global Payments, a provider of payment technology and software solutions, completed the acquisition of EVO Payments, a global provider of payment technology integrations and acquiring solutions, from Madison Dearborn, a private equity investment firm, for $4bn. "The acquisition of EVO is highly complementary to our technology-enabled strategy and provides meaningful opportunities to increase scale in our business globally. Together with EVO, we are positioned to deliver an unparalleled suite of distinctive software and payment solutions to our combined 4.5m merchant locations and more than 1.5k financial institutions worldwide," Cameron Bready, Global Payments President and COO.
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