ATLANTA and DUBLIN, March 25, 2015
We’re delighted to announce that Realex Payments, one of Europe’s largest and fastest growing payment gateways, has been acquired by Global Payments, a leading worldwide provider of payment technology services.
Realex Payments founder and CEO, Colm Lyon said: “We are thrilled to be joining the Global Payments team. It’s great news for our customers, for our employees, and for Ireland.” Colm added: “For Realex Payments’ existing 12,500 merchants, this deal means they can avail of Global Payments unmatched international presence, entering new markets and driving their global ecommerce business like never before. And for Realex Payments’ staff, the diversity of opportunity that comes with the deal is enormous.
Global Payments conducts business in 28 countries with 4,200 employees across the globe. Lastly, this is another great news story for Ireland. Going forward, the company will be at the heart of ecommerce for a Fortune 1000 company that services over 1.5 million merchants.”
Global Payments’ Chief Executive Officer, Jeff Sloan, explained the acquisition: “Realex Payments represents a strategic investment to expand our international omni-channel technology offerings, enhancing our go-to-market strategy in one of our largest regions with industry leading value-added products and services. We are excited to further invest in our European businesses, continue to leverage our multinational footprint and accelerate our growth opportunities at a favourable time in Europe.”
Under the terms of the agreement, the transaction is valued at €115 million.
About Realex Payments
Realex Payments is one of Europe’s largest and fastest growing online payment gateways, processing in excess of €28bn per annum on behalf of 12,500 clients. Over the past decade, we have established a strong reputation amongst the industry and our customers for our expertise, payments knowledge and dedication to excellent customer service.Our clients include Virgin Atlantic, Paddy Power, The AA and NotontheHighstreet.com. Realex Payments was founded by award winning entrepreneur Colm Lyon in 2000 and currently employs 170 staff. Please visit www.realexpayments.com
About Global Payments
Global Payments Inc. (NYSE: GPN) is a leading worldwide provider of payment technology services that delivers innovative solutions driven by customer needs globally. Our partnerships, technologies and employee expertise enable us to provide a broad range of products and services that allow our customers to accept all payment types across a variety of distribution channels in many markets around the world.
Headquartered in Atlanta, Georgia with 4,200 employees worldwide, Global Payments is a Fortune 1000 Company with merchants and partners in 28 countries throughout North America, Europe, the Asia-Pacific region and Brazil. For more information about Global Payments, our Service. Driven. Commerce brand and our technologies, please visit www.globalpaymentsinc.com
Further Information & Contact:
Martin O’Leary, Head of Marketing, Realex Payments, Tel: + 353 (0)1 7022 024,
Amy Corn, SVP Marketing and Corporate Communications, Global Payments Inc., Tel: +1 770.829.8755,