{"id":10984,"date":"2018-09-28T10:00:14","date_gmt":"2018-09-28T14:00:14","guid":{"rendered":"http:\/\/www.evopayments.us\/staging\/?p=10984"},"modified":"2021-12-20T08:53:01","modified_gmt":"2021-12-20T13:53:01","slug":"evo-payments-acquires-remaining-interest-in-federated-payment-systems","status":"publish","type":"post","link":"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/","title":{"rendered":"EVO Payments Acquires Remaining Interest in Federated Payment Systems, an Existing Minority Owned Subsidiary, and Its Canadian Affiliate"},"content":{"rendered":"

ATLANTA\u2014Sept. 28, 2018<\/strong>\u2014EVO Payments, Inc. (NASDAQ: EVOP) (\u201cEVO\u201d or \u201cthe Company\u201d), a leading global provider of payment technology integrations and acquiring solutions, announced today the acquisition of the remaining LLC equity interests in Federated Payment Systems, LLC, as well as its Canadian based related business (collectively, \u201cFederated\u201d).\u00a0EVO was an initial investor in Federated in 1999. \u00a0Federated provides direct merchant acquiring services across the United States and Canada from its headquarters in Melville, NY.<\/p>\n

\u201cThe acquisition aligns well with EVO\u2019s direct US merchant sales strategy and provides an opportunity to accelerate growth in this line of business. Additionally, the acquisition expands cross-sell opportunities within the Federated merchant base as we work closely with our technology ISV partners,\u201d said Brendan Tansill, EVO\u2019s President, North America.\u00a0\u201cWe see Federated\u2019s business model as complementary to our existing direct sales efforts as the company already relies on our infrastructure and follows our business practices, allowing EVO to seamlessly integrate the business into our organization.\u201d<\/p>\n

Over the last 20 years, EVO funded a number of startup sales organizations, such as Federated, and this transaction follows seven previous EVO subsidiary buyouts completed in the last five years.<\/p>\n

We expect that the transaction will generate approximately $13-$15 million in additional revenues in 2019.<\/p>\n

About EVO Payments, Inc.<\/strong>
EVO Payments, Inc. 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.<\/p>\n\n\n

<\/div>\n\n\n\n
\n\n\n\n
\n \"\"\n
\n
\n

Connect with Us<\/h3>\n

With business activities in 50 markets and 150+ currencies around the world, EVO is among the largest fully integrated merchant acquirers and payment processors in the world.<\/p>\n

Contact Us<\/a><\/div>\n <\/div> \n <\/div> \n <\/div>\n\n ","protected":false},"excerpt":{"rendered":"

EVO Payments, Inc. announced today the acquisition of the remaining LLC equity interests in Federated Payment Systems, LLC, as well as its Canadian based related business.<\/p>\n","protected":false},"author":2,"featured_media":10985,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":1,"_editorskit_typography_data":[],"_editorskit_blocks_typography":"","_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","_mi_skip_tracking":false},"categories":[7],"tags":[260,261,98],"acf":[],"yoast_head":"\nEVO Payments Acquires Remaining Interest in Federated Payment Systems, an Existing Minority Owned Subsidiary, and Its Canadian Affiliate - EVO Payments<\/title>\n<meta name=\"description\" content=\"EVO Payments, Inc. announced today the acquisition of the remaining LLC equity interests in Federated Payment Systems, LLC, as well as its Canadian based related business.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EVO Payments Acquires Remaining Interest in Federated Payment Systems, an Existing Minority Owned Subsidiary, and Its Canadian Affiliate - EVO Payments\" \/>\n<meta property=\"og:description\" content=\"EVO Payments, Inc. announced today the acquisition of the remaining LLC equity interests in Federated Payment Systems, LLC, as well as its Canadian based related business.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/\" \/>\n<meta property=\"og:site_name\" content=\"EVO Payments\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-28T14:00:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-20T13:53:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2019\/02\/EVO-fed-payments.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1426\" \/>\n\t<meta property=\"og:image:height\" content=\"624\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"EVO Payments, US\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.evopayments.us\/staging\/#website\",\"url\":\"https:\/\/www.evopayments.us\/staging\/\",\"name\":\"EVO Payments\",\"description\":\"Simplifying Payments Around the Globe. 150+ currencies across 50 markets worldwide.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.evopayments.us\/staging\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/#primaryimage\",\"inLanguage\":\"en\",\"url\":\"https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2019\/02\/EVO-fed-payments.jpg\",\"contentUrl\":\"https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2019\/02\/EVO-fed-payments.jpg\",\"width\":1426,\"height\":624},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/#webpage\",\"url\":\"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/\",\"name\":\"EVO Payments Acquires Remaining Interest in Federated Payment Systems, an Existing Minority Owned Subsidiary, and Its Canadian Affiliate - EVO Payments\",\"isPartOf\":{\"@id\":\"https:\/\/www.evopayments.us\/staging\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/#primaryimage\"},\"datePublished\":\"2018-09-28T14:00:14+00:00\",\"dateModified\":\"2021-12-20T13:53:01+00:00\",\"author\":{\"@id\":\"https:\/\/www.evopayments.us\/staging\/#\/schema\/person\/d38fb9874c5f52740c48ca128f42475e\"},\"description\":\"EVO Payments, Inc. announced today the acquisition of the remaining LLC equity interests in Federated Payment Systems, LLC, as well as its Canadian based related business.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.evopayments.us\/staging\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EVO Payments Acquires Remaining Interest in Federated Payment Systems, an Existing Minority Owned Subsidiary, and Its Canadian Affiliate\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.evopayments.us\/staging\/#\/schema\/person\/d38fb9874c5f52740c48ca128f42475e\",\"name\":\"EVO Payments, US\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.evopayments.us\/staging\/#personlogo\",\"inLanguage\":\"en\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d1e93486bc177911d9cb3e26dccb65f6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d1e93486bc177911d9cb3e26dccb65f6?s=96&d=mm&r=g\",\"caption\":\"EVO Payments, US\"},\"url\":\"https:\/\/www.evopayments.us\/staging\/author\/evousa\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"EVO Payments Acquires Remaining Interest in Federated Payment Systems, an Existing Minority Owned Subsidiary, and Its Canadian Affiliate - EVO Payments","description":"EVO Payments, Inc. announced today the acquisition of the remaining LLC equity interests in Federated Payment Systems, LLC, as well as its Canadian based related business.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/","og_locale":"en_US","og_type":"article","og_title":"EVO Payments Acquires Remaining Interest in Federated Payment Systems, an Existing Minority Owned Subsidiary, and Its Canadian Affiliate - EVO Payments","og_description":"EVO Payments, Inc. announced today the acquisition of the remaining LLC equity interests in Federated Payment Systems, LLC, as well as its Canadian based related business.","og_url":"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/","og_site_name":"EVO Payments","article_published_time":"2018-09-28T14:00:14+00:00","article_modified_time":"2021-12-20T13:53:01+00:00","og_image":[{"width":1426,"height":624,"url":"https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2019\/02\/EVO-fed-payments.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"EVO Payments, US","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/www.evopayments.us\/staging\/#website","url":"https:\/\/www.evopayments.us\/staging\/","name":"EVO Payments","description":"Simplifying Payments Around the Globe. 150+ currencies across 50 markets worldwide.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.evopayments.us\/staging\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en"},{"@type":"ImageObject","@id":"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/#primaryimage","inLanguage":"en","url":"https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2019\/02\/EVO-fed-payments.jpg","contentUrl":"https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2019\/02\/EVO-fed-payments.jpg","width":1426,"height":624},{"@type":"WebPage","@id":"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/#webpage","url":"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/","name":"EVO Payments Acquires Remaining Interest in Federated Payment Systems, an Existing Minority Owned Subsidiary, and Its Canadian Affiliate - EVO Payments","isPartOf":{"@id":"https:\/\/www.evopayments.us\/staging\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/#primaryimage"},"datePublished":"2018-09-28T14:00:14+00:00","dateModified":"2021-12-20T13:53:01+00:00","author":{"@id":"https:\/\/www.evopayments.us\/staging\/#\/schema\/person\/d38fb9874c5f52740c48ca128f42475e"},"description":"EVO Payments, Inc. announced today the acquisition of the remaining LLC equity interests in Federated Payment Systems, LLC, as well as its Canadian based related business.","breadcrumb":{"@id":"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.evopayments.us\/staging\/evo-payments-acquires-remaining-interest-in-federated-payment-systems\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.evopayments.us\/staging\/"},{"@type":"ListItem","position":2,"name":"EVO Payments Acquires Remaining Interest in Federated Payment Systems, an Existing Minority Owned Subsidiary, and Its Canadian Affiliate"}]},{"@type":"Person","@id":"https:\/\/www.evopayments.us\/staging\/#\/schema\/person\/d38fb9874c5f52740c48ca128f42475e","name":"EVO Payments, US","image":{"@type":"ImageObject","@id":"https:\/\/www.evopayments.us\/staging\/#personlogo","inLanguage":"en","url":"https:\/\/secure.gravatar.com\/avatar\/d1e93486bc177911d9cb3e26dccb65f6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d1e93486bc177911d9cb3e26dccb65f6?s=96&d=mm&r=g","caption":"EVO Payments, US"},"url":"https:\/\/www.evopayments.us\/staging\/author\/evousa\/"}]}},"uagb_featured_image_src":{"full":["https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2019\/02\/EVO-fed-payments.jpg",1426,624,false],"thumbnail":["https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2019\/02\/EVO-fed-payments-150x150.jpg",150,150,true],"medium":["https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2019\/02\/EVO-fed-payments-300x131.jpg",300,131,true],"medium_large":["https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2019\/02\/EVO-fed-payments-768x336.jpg",768,336,true],"large":["https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2019\/02\/EVO-fed-payments-1024x448.jpg",1024,448,true],"1536x1536":["https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2019\/02\/EVO-fed-payments.jpg",1426,624,false],"2048x2048":["https:\/\/www.evopayments.us\/staging\/wp-content\/uploads\/2019\/02\/EVO-fed-payments.jpg",1426,624,false]},"uagb_author_info":{"display_name":"EVO Payments, US","author_link":"https:\/\/www.evopayments.us\/staging\/author\/evousa\/"},"uagb_comment_info":0,"uagb_excerpt":"EVO Payments, Inc. announced today the acquisition of the remaining LLC equity interests in Federated Payment Systems, LLC, as well as its Canadian based related business.","_links":{"self":[{"href":"https:\/\/www.evopayments.us\/staging\/wp-json\/wp\/v2\/posts\/10984"}],"collection":[{"href":"https:\/\/www.evopayments.us\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.evopayments.us\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.evopayments.us\/staging\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.evopayments.us\/staging\/wp-json\/wp\/v2\/comments?post=10984"}],"version-history":[{"count":4,"href":"https:\/\/www.evopayments.us\/staging\/wp-json\/wp\/v2\/posts\/10984\/revisions"}],"predecessor-version":[{"id":21091,"href":"https:\/\/www.evopayments.us\/staging\/wp-json\/wp\/v2\/posts\/10984\/revisions\/21091"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.evopayments.us\/staging\/wp-json\/wp\/v2\/media\/10985"}],"wp:attachment":[{"href":"https:\/\/www.evopayments.us\/staging\/wp-json\/wp\/v2\/media?parent=10984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.evopayments.us\/staging\/wp-json\/wp\/v2\/categories?post=10984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.evopayments.us\/staging\/wp-json\/wp\/v2\/tags?post=10984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}