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Global Payments Completes Acquisition of Ezidebit

Global Payments Inc. (NYSE: 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. 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. 

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 located throughout North America, Brazil, 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.