Global Payments closes Ezidebit acquisition
Global Payments Inc. (GPN), one of the largest worldwide providers of payment solutions, announced today that it has completed the acquisition of Ezi Holdings Pty Ltd (Ezidebit), a leading integrated payments company focused on recurring payments verticals in Australia and New Zealand.
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Similar to the company's OpenEdge division, Ezidebit markets its products through a network of integrated software vendors and direct channels to numerous vertical markets.
Under the terms of the agreement, Global Payments paid a purchase price of AU$305 million (approximately US$268 million), funded by a combination of cash on hand and borrowings on the company's revolving credit facility.