ATLANTA, Sept. 25, 2013 /PRNewswire/ -- The WorldPay Group is pleased to announce that WorldPay US has recently agreed to the purchase of Century Payments, a nationally recognized leader in the payment industry.
With this transaction, WorldPay US will strengthen its strategic partnership model and gain advanced sales tools and analytics. For customers in both businesses, this opens up the future prospect of new and innovative solutions as the businesses integrate.
"The acquisition of Century Payments is a vital milestone in our continued US growth strategy," said Tony Catalfano, CEO of WorldPay US. "Combining these two world-class businesses allows us to leverage the considerable strengths of both organizations to the benefit of our clients and further strengthens both our competitive positioning and overall value proposition."
This transaction is the culmination of a long-standing relationship between WorldPay and Century Payments.
"WorldPay has been our partner since inception and an integral part of our success and growth," said Robert Wechsler, CEO of Century Payments. "On behalf of the entire Century Payments team, allow me to be the first to say just how excited we are to join forces with WorldPay."
Financial Technology Partners LP and FTP Securities LLC (together, "FT Partners") served as exclusive financial and strategic advisor to Century Payments.
WorldPay US is the United States payment processing division of the WorldPay Group, a global card payment acquiring business which allows customers to accept card payments both at point-of-sale and over the internet. Headquartered in London, England and operating in over 30 countries, the company offers services across the entire payment value chain, including transaction capturing, merchant acquiring and transaction processing. For more information, visit WorldPay.us
About Century Payments
Century Payments, Inc. is a nationally recognized leader in the electronic payment processing industry, dedicated to developing the most progressive, dynamic programs to benefit merchants, partners and agents alike. Through white label alliance programs, Century is the fastest growing electronic payments company having boarded over 50,000 merchants in the last four years and processing close to $12 billion in annual volume. The company is headquartered in Frisco, Texas. Visit www.centurypayments.com for more information.
Contact Patti Newcomer at 804.512.4327 or [email protected].
SOURCE WorldPay US