Overview of the transaction
On 05-Sep-24, Global Payments announced the acquisition of Yazara for an undisclosed amount.
Yazara is a payment software development company, leader in SoftPOS, contactless technology, and other payment acceptance solutions.
Global Payments is a global leading payments technology company delivering innovative software and services.
The addition of Yazara will enable Global Payments to further enhance its value proposition by entering the SoftPOS space through the acquisition of a company with a leading market position and first-mover status.
Overview of Yazara
Founded in 2021 and headquartered in New York, Yazara has been a pioneer in SoftPOS technology, providing a unique, patented, PCI-approved solution to 50+ customers worldwide. As a testament of their pioneering status, Yazara achieved a significant milestone by becoming the 1st company worldwide to be MPoC SDK certified by PCI.
The company offers a state-of-the-art tap-on-phone solution and a payment acceptance suite designed to transform all smartphones and tablets into POS terminals.
This solution notably enables merchants of all sizes to accept EMV payments of any amount with contactless cards, mobile wallets, and wearables on their own mobile devices.
Royal Park Partners’ role
Royal Park Partners (“RPP”) acted as exclusive strategic and financial advisor to Yazara and its shareholders throughout the transaction.
This transaction highlights Royal Park Partners’ unparalleled expertise in the payments space, assisting companies in achieving strategic exits. Additionally, it emphasises Royal Park Partners’ extensive experience in the North American market, marking its third domestic transaction.
Albert Comas
CEO of Yazara
Royal Park Partners has played a critical role in the acquisition of Yazara by Global Payments. RPP's industry knowledge, technical understanding, depth of contacts and strategic thought leadership, enabled Yazara to identify the best possible buyers, have them prepare compelling proposals and navigate and negotiate throughout with potential acquirers. I would highly recommend RPP to anybody looking for strategic and financial advice in the payments sectors, not only for the results-oriented attitude, but for the execution capacity, professional level and kindness.
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