|Bid||650.00 x 1330000|
|Ask||0.00 x 40300|
|Day's range||710.00 - 718.00|
|52-week range||573.00 - 807.49|
|PE ratio (TTM)||31.36|
|Dividend & yield||N/A (N/A)|
|1y target est||694.35|
Chicago-based GTCR acquired the company for $260 million and has committed up to $350 million in equity capital to the new stand-alone company, according to a news release by the firm.
CHICAGO, June 2, 2017 /PRNewswire/ -- 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. SPS, headquartered in Reston, Virginia, is a leading provider of payment processing and merchant acquiring solutions in North America. GTCR is acquiring SPS from The Sage Group plc (SGE.L) ("Sage"), a global provider of integrated accounting, payroll and payment solutions headquartered in the UK.
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