EVO Payments Acquires Delego to Enhance SAP Integrated Payments
Founded in 1997 as an SAP consulting business, Delego has evolved into one of the largest providers of SAP integrated payments for B2B customers. Previously, EVO and Delego co-marketed their solutions through a strategic partnership, allowing EVO’s B2B customers to benefit from Delego’s SAP integrations and payment enablement solutions. The acquisition of Delego expands EVO’s existing portfolio of ERP integrations to include SAP enterprise application software, broadening EVO’s proprietary B2B payments offering to new and existing customers. Further, the simplified integration creates a more compelling end-to-end solution for SAP merchants looking to automate receivables and streamline the payment workflow.
“We are excited to announce EVO’s acquisition of Delego,” stated
“We are thrilled to take this next step in our relationship with EVO,” said
Terms of the acquisition were not disclosed.
This release contains statements about future events and expectations that constitute forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are often identified by words such as “anticipates,” “believes,” “continues,” “estimates,” “expects,” “goal,” “objectives,” “intends,” “may,” “opportunity,” “plans,” “potential,” “near-term,” “long-term,” “projections,” “assumptions,” “projects,” “guidance,” “forecast,” “outlook,” “target,” “should,” “could,” “would,” “will” and comparable words. These forward-looking statements involve certain risks and uncertainties and other factors that could cause actual results to differ materially from those indicated in such forward-looking statements, including, but not limited to: the ability of EVO to integrate Delego’s business; the ability of EVO to implement its plans and other expectations with respect to Delego’s business; and the other risks, uncertainties and important factors contained and identified (including under the heading "Risk Factors") in EVO’s filings with the
Investor Relations & Corporate Communications Manager
Source: EVO Payments, Inc.