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Global Payments to Acquire EVO

August 2, 2022

Fried Frank counseled Citi as financial advisor to EVO Payments, Inc. ("EVO") in the US$4 billion acquisition of EVO by Global Payments Inc. ("GPN"). The transaction will significantly increase GPN's target addressable markets, extending its geographic footprint and further enhancing its worldwide leadership in integrated payments. 

The acquisition will also add leading accounts receivable automation software capabilities that complement GPN's existing B2B and accounts payable offerings. The transaction is expected to close no later than the first quarter of 2023.

The Fried Frank team was led by corporate partner Roy Tannenbaum and included corporate partner Philip Richter and corporate associate Alexander G. Feldsott.

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