Add-on Acquisition • Information Technology

EVO Acquires North49

On May 23, 2022, EVO acquired information technology company North49

Acquisition Context
  • This is EVO’s 5th transaction in the Information Technology sector.
  • This is EVO’s 1st transaction in Canada.
  • This is EVO’s 1st transaction in British Columbia.

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M&A Deal Summary

Date May 23, 2022
Target North49
Sector Information Technology
Buyer(s) EVO
Deal Type Add-on Acquisition

Target Company

North49

Burnaby, British Columbia, Canada
North49 is a certified Sage Development Partner, to provide enhanced B2B integrated payment solutions for Sage customers, based in Burnaby, British Columbia.
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Buyer Overview 1

Buyer

EVO

Atlanta, Georgia, United States

Category Company
Founded 1989
Sector Information Technology
Revenue 497M USD (2021)
DESCRIPTION

EVO is a payment technology and services provider that offers an array of innovative, reliable, and secure payment solutions to merchants across the globe EVO was founded in 1989 and is based in Atlanta, Georgia.


Deal Context for Buyer #
Overall 6 of 6
Sector: Information Technology 5 of 5
Type: Add-on Acquisition 5 of 5
State: British Columbia 1 of 1
Country: Canada 1 of 1
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-02 Anderson Zaks

Bracknell, United Kingdom

Anderson Zaks enables card acceptance through its relationships with independent software vendors (ISVs) across the UK, Ireland, and Continental Europe. The gateway, which supports most leading POS terminal devices, drives payment acceptance for merchants in key retail verticals, including hospitality, pharmacy, venues, ticketing, and general retail, among others. Anderson Zaks currently services the ticketing needs of some of the UK’s most renowned music, cultural, and sporting events for digital payment acceptance. Anderson Zaks was formed in 1997 and is based in Bracknell, United Kingdom.

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