Global Payments Nabs Realex for $126 Million
March 26, 2015
U.S.-based payments processor Global Payments bolstered its offering for global omnichannel retailers yesterday when it acquired online gateway provider Realex Payments for $126 million. Realex, based in Dublin, provides payment gateways and other Web solutions to merchant and corporate clients throughout Europe. Atlanta-based Global Payments said the acquisition will play a strategic role enabling the company to expand in an important market.
“Realex Payments represents a strategic investment to expand our international omnichannel technology offerings, enhancing our go-to-market strategy in one of our largest regions with industry leading value-added products and services,” said Global Payments’ CEO, Jeff Sloan. “We are excited to further invest in our European businesses, continue to leverage our multinational footprint and accelerate our growth opportunities at a favorable time in Europe.”