Ingenico Group to acquire GlobalCollect

Amsterdam, the Netherlands, 2 July 2014 – GlobalCollect, the leading global e-commerce payments service provider, today announced that the company, along with majority shareholder Welsh, Carson, Anderson & Stowe, has entered exclusive negotiations with Ingenico Group (Euronext: FR - ING) regarding the acquisition of GlobalCollect.

“The planned acquisition by Ingenico Group is a perfect fit with GlobalCollect. Combining our global cross-border payment processing with Ingenico Group’s multi-channel services will create great opportunities for our clients, by reducing payment complexity across all channels and providing more payment alternatives to drive new sale opportunities. This is an exciting time to be in the payment industry and an even more exciting opportunity for GlobalCollect to be part of such a world class organization as Ingenico.“, said Thomas P. Staudt, Chief Executive Officer of GlobalCollect.

Sanjay Swani, Chairman of the Supervisory Board and General Partner at Welsh, Carson, Anderson & Stowe, commented that “This transaction will provide significant benefits to the employees, customers and shareholders of GlobalCollect and has the full support of our Supervisory Board. We are confident that through this combination, GlobalCollect will benefit from Ingenico Group’s strong support, enhancing its leadership position going forward.

“The acquisition of GlobalCollect would enable us to accelerate the implementation of our strategy across all channels, on a global scale, especially in payment services and mobile payment”, said Philippe Lazare, Chief Executive Officer of Ingenico Group. “This is a great opportunity to maintain our time-to-market advantage to rapidly reinforce Ingenico Group’s position as a global leader in seamless payment. As an example, it would be a real game changer in North America where we would provide payment solutions across all sales channels, beyond smart terminals. All in all, combining Ingenico Group and GlobalCollect would create a player with unrivalled geographical coverage, network of acquirers/banks and payment methods. And this would result in substantial value for our employees, customers and shareholders”.

Ingenico Group revenue

Ingenico Group Alpharetta GA

INGENICO software updates

Ingenico POS Manual

Ingenico POS terminal price