24 February 2017
Visit experienceinfosys.com

Global Payments completes $420 million acquisition of PayPros

05 March 2014  |  1089 views  |  0 Source: Global Payments

Global Payments Inc. (GPN), one of the largest worldwide providers of payment solutions, announced today that it has completed the acquisition of Payment Processing, Inc. (PayPros), an innovative provider of fully-integrated payment solutions for 58,000 small-to-medium sized merchants in the United States.

PayPros delivers its products and services through a network of over 1,000 technology-based enterprise software partners to vertical markets that are complementary to the markets served by Accelerated Payment Technologies, Inc., a Global Payments company since October 2012.
GLOBAL PAYMENTS logo

Under the terms of the agreement, Global Payments paid a purchase price of $420 million in cash, funded by a combination of cash on hand and the company's new unsecured term loan facility. The company does not expect the acquisition to have a material impact on its fiscal 2014 operating results.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit BNP paribasVisit contisgroup.com

Who is commenting?

Top topics

Most viewed Most shared
EBA to relax controversial PSD2 authentication rulesEBA to relax controversial PSD2 authentica...
11683 views comments | 51 tweets | 70 linkedin
RBS to become fintech fund and high street outlet for challenger banks under HMT remedyRBS to become fintech fund and high street...
8146 views comments | 40 tweets | 33 linkedin
High rate of defaults hit P2P lending sectorHigh rate of defaults hit P2P lending sect...
6302 views comments | 17 tweets | 13 linkedin
hands typing furiouslyDecoding the Policy Impact of India's Unio...
6225 views 0 | 13 tweets | 2 linkedin
BNY Mellon seeks blockchain experts for new emerging biz and tech teamBNY Mellon seeks blockchain experts for ne...
6036 views comments | 7 tweets | 4 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job