With this transaction, WorldPay US will strengthen its strategic partnership model and gain advanced sales tools and analytics. For customers in both businesses, this opens up the future prospect of new and innovative solutions as the businesses integrate.
“The acquisition of Century Payments is a vital milestone in our continued US growth strategy,” said Tony Catalfano, CEO of WorldPay US. “Combining these two world-class businesses allows us to leverage the considerable strengths of both organizations to the benefit of our clients and further strengthens both our competitive positioning and overall value proposition.”
This transaction is the culmination of a long-standing relationship between WorldPay and Century Payments.
“WorldPay has been our partner since inception and an integral part of our success and growth,” said Robert Wechsler, CEO of Century Payments. “On behalf of the entire Century Payments team, allow me to be the first to say just how excited we are to join forces with WorldPay.”
Financial Technology Partners LP and FTP Securities LLC (together, “FT Partners”) served as exclusive financial and strategic advisor to Century Payments.
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