ATLANTA, March 11, 2019 (GLOBE NEWSWIRE) -- EVO Payments, Inc. (NASDAQ: EVOP) (“EVO” or “the Company”), a leading global payment technology and services provider, announced today the acquisition of Way2Pay, a payment gateway headquartered in Dublin, Ireland.
The Way2Pay gateway provides integrated payment solutions for schools and clubs in Ireland and the UK and has been integrated into EVO’s global infrastructure through the Snap platform. EVO intends to expand the new gateway into additional verticals and across all markets in which the Company operates.
“We are very pleased to announce EVO’s acquisition of Way2Pay, which will broaden and deepen our eCommerce and digital payments capabilities, further enhancing EVO’s existing solutions. Way2Pay brings us an established payment gateway, which we will leverage across our global footprint,” commented Darren Wilson, EVO’s President—International.
John O’Gorman, Way2Pay’s CEO added, “We see significant value in expanding Way2Pay across the EVO ecosystem and bringing our payment gateway offering to new markets through EVO’s broad distribution channels and technology platforms. The ability to extend our reach and support of schools, clubs, and other organizations in new geographies will be greatly enhanced as we join the EVO family.”
Terms of the acquisition were not disclosed.
About EVO Payments, Inc.
EVO Payments, Inc. (NASDAQ: EVOP) is a leading payment technology and services provider. EVO offers an array of innovative, reliable and secure payment solutions to merchants ranging from small and mid-size enterprises to multinational companies and organizations across North America and Europe. As a fully integrated merchant acquirer and payment processor in over 50 markets and 150 currencies worldwide, EVO provides competitive solutions that promote business growth, increase customer loyalty, and enhance data security in the markets it serves.
Forward-Looking Statements
This release contains statements about future events and expectations that constitute forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are often identified by words such as “anticipates,” “believes,” “continues,” “estimates,” “expects,” “goal,” “objectives,” “intends,” “may,” “opportunity,” “plans,” “potential,” “near-term,” “long-term,” “projections,” “assumptions,” “projects,” “guidance,” “forecast,” “outlook,” “target,” “should,” “could,” “would,” “will” and comparable words. These forward-looking statements involve certain risks and uncertainties and other factors that could cause actual results to differ materially from those indicated in such forward-looking statements, including, but not limited to: the ability of EVO to integrate Way2Pay’s business; the ability of EVO to implement its plans and other expectations with respect to Way2Pay’s business; and the other risks, uncertainties and important factors contained and identified (including under the heading "Risk Factors") in EVO’s filings with the Securities and Exchange Commission, any of which could cause actual results to differ materially from the forward-looking statements. The forward-looking statements included in this release are made only as of the date hereof and, except for EVO’s ongoing obligations under applicable securities laws, EVO undertakes no obligation to update any forward-looking statements whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on any of these forward-looking statements.
Contact:
Sarah Jane Perry
Investor Relations & Corporate Communications Manager
770-709-7365