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Total System Services Inc Completes Acquisition Of ProPay

Wednesday, 26 Dec 2012 02:54pm EST 

Total System Services Inc announced that it has completed its acquisition of ProPay. ProPay is a wholly owned TSYS subsidiary reporting to Mark Pyke, president of TSYS` Merchant Services segment. Financial Technology Partners LP and FTP Securities LLC (together FT Partners) acted as exclusive financial and strategic advisors to ProPay and its Board of Directors in this transaction. Terms of the transaction were not disclosed. 

Company Quote

-0.31 -0.98%
2:08pm EDT