Business Services & Equipment M&A » By The Online Investor Staff, updated Thu., May. 9, 3:58 AM
Recent mergers and acquisitions in the Business Services & Equipment M&A category.
Slide #49. Global Payments — PayPros
Acquirer: |
Global Payments (NYSE:GPN) |
Acquiree: |
PayPros |
Details: |
Global Payments Inc. (NYSE: GPN), one of the largest worldwide providers of payment solutions, announced today an agreement to acquire Payment Processing, Inc. (PayPros). PayPros, based in California, is 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 is a payments technology company providing software and services to merchant locations and financial institutions. Co. operates in three segments: Merchant Solutions, which provides payments technology and software solutions to customers globally; Issuer Solutions, which provides solutions that enable financial institutions and other financial service providers to manage their card portfolios, reduce technical complexity and overhead; and Business and Consumer Solutions, which provides general purpose reloadable prepaid debit and payroll cards, demand deposit accounts and other financial service solutions through its Netspend® brand and other brands.
GPN SEC Filing Email Alerts Service
Open the GPN Page at The Online Investor »
Open the GPN Page at The Online Investor (in a new window) »
|
May 9, 2024 3:58 AM Eastern
Strong Buy (3.52 out of 4)
60th percentile
|
|