PayPros to be Acquired by Global Payments

Wednesday, January 29, 2014

William Blair acted as financial advisor to PayPros, a leading provider of fully integrated payments solutions, in connection with its sale to Global Payments Inc. (NYSE: GPN) for $420 million.

Transaction Highlights

  • Fit with William Blair’s Financial Technology Expertise: PayPros recognized William Blair’s extensive knowledge and experience within the financial technology sector, as well as the firm’s strong relationships with likely strategic acquirers focused on this area.

  • Proven Results: PayPros and William Blair developed a long-standing relationship built on trust and industry expertise. PayPros viewed William Blair as a trusted partner that has delivered exceptional results for other companies in the financial technology sector. PayPros valued William Blair’s ability to effectively articulate PayPros’ competitive differentiation to potential acquirers.

  • Highly Strategic Transaction:  The acquisition of PayPros was highly strategic for Global Payments, providing expanded distribution and access to new vertical markets, while also enhancing Global Payments’ integrated solutions business through PayPros’ differentiated service offering.

About the Companies

PayPros is a payments technology company dedicated to delivering innovative and profitable integrated payments solutions. The PayPros Innovo technology platform delivers payment applications that support new technologies and allow for custom software solutions. This unique approach to payments is why more than 1,700 partners and 58,000 businesses have turned to PayPros.

Global Payments Inc. (NYSE: GPN) is a leading provider of payment services for merchants, value added resellers, financial institutions, government agencies, multi-national corporations, and independent sales organizations throughout North America, South America, Europe, and the Asia-Pacific region. Global Payments, a Fortune 1000 company, offers a comprehensive line of solutions and services for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion, and check guarantee, verification, and recovery, including electronic check services, as well as terminal management.

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