Sage Pay acquires Integral for ?20m
Sage Pay have acquired Integral Computers Ltd (Integral) the Dubin-based card holder present solution provider for €20m.
The acquisition of the firm by the Sage Group subsidiary will allow sage Pay to to provide customers with multi-channel payment services online, in-store and from trade show stalls, backed up with round the clock telephone support.
Simon Black, CEO of Sage Pay Europe Ltd, commented: “The team at Integral have established an outstanding Point of Sale card processing service that will enable Sage Pay to provide best-in-class multi-channel payment services.
“The two businesses share a passion for delivering a great customer experience founded on brilliant software.
“Sage Pay offers a unique service proposition in payments, and the acquisition of Integral offers even more value to our customers and business partners.”
The acquisition of Integral accelerates Sage Pay’s existing strategy of offering a range of powerful connected payment services, and tightening integration with Sage’s accounting solutions. The acquisition will leverage these capabilities for retail businesses operating across Europe.
Sean Wilson, Managing Director of Integral, commented: “The strong technology and cultural fit between the organisations will ensure our combined potential is achieved, which we believe is key for delivering on the opportunities and expectations in the payments ecosystem.
“Our shared vision will allow us to not only deliver seamless multi-channel capabilities but will enable us to move beyond that, to meet the future of payments head on with compelling and innovative new technologies.”
Integral was founded in 1989 and its solutions are used at over 25,000 points of sale in the UK and Ireland. Following the acquisition, Integral will be re-branded as Sage Pay and will be fully integrated into the Sage Pay business. All of Integral’s 40 employees will be retained within Sage Pay.
Ward Hadaway provided legal advice to Sage Pay Europe Limited on the acquisition of Dublin-based Integral Computers Limited’s UK subsidiary
This was posted in Bdaily's Members' News section by Ruth Mitchell .
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