ATLANTA, GA– June 02, 2017– GTCR, a leading private equity firm, announced today that it has entered into a definitive agreement to acquire Sage Payment Solutions, Inc. (“SPS” or the “Company”) for $260 million. The transaction is expected to close in the third quarter following receipt of regulatory approvals and other consents.
According to the Atlanta Business Chronicle, Sage is the world’s largest accounting software supplier to small businesses and its Atlanta offices represent the largest of the company’s 15 offices across the U.S. and Canada.
Back in 2015, the company announced it would establish its North American headquarters at Atlantic Station in Midtown.
Read more about the deal here.