Integrated payment technology solutions
Accelerated Payment Technologies (APT) has been acquired by Global Payments, a provider of electronic payment processing solutions (view press release). Accelerated Payment Technologies focuses on providing integrated payment technology solutions for small and medium sized merchants. The company markets its products and services primarily through a network of 700 value-added resellers (VARs) covering around 30 different vertical markets.
Under the terms of the agreement, Global Payments paid USD413 million in cash, funded by the company’s new unsecured term loan facility, to acquire the APT from Great Hill Partners.
Whitepapers
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