Cash & Liquidity ManagementPaymentsGlobal Payments Completes Acquisition of Ezidebit

Global Payments Completes Acquisition of Ezidebit

Global Payments, a global provider of payment solutions, has completed the acquisition of Ezi Holdings (Ezidebit), an 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$305m (approximately US$268m), funded by a combination of cash on hand and borrowings on the company’s revolving credit facility.

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