U.S. Private Equity Firm Acquires Majority Stake in CNP Payments Provider 

 April 16, 2010 

GlobalCollect announced the purchase of a majority interest in the Dutch customer-not-present payment service provider by New York City-based Welsh, Carson, Anderson & Stowe. The private equity firm has signed an agreement to acquire the majority share in GlobalCollect from investment company General Atlantic LLC. “This strategic move is further testimony to GlobalCollect’s success story over the last 16 years, during which we continuously outperformed market benchmarks,” said Jan Manten, CEO of GlobalCollect. “Our unrivalled portfolio of payment methods and full service concept helps our online merchants to expand their business