EVO Payments Announces Proposed Offering of Common Stock

8/12/19

Atlanta, Aug. 12, 2019 (GLOBE NEWSWIRE) -- ATLANTA, August 12, 2019 (GLOBE NEWSWIRE) – EVO Payments, Inc. (NASDAQ: EVOP) announced today a proposed underwritten offering of 4,000,000 shares of its Class A common stock. The Company intends to use all of the net proceeds received by the Company from the sale of shares of its Class A common stock in the proposed offering to purchase LLC interests in EVO Investco, LLC (“EVO LLC”) and an equivalent number of shares of the Company’s Class B common stock (which shares will then be cancelled) from Blueapple, Inc., as well as LLC interests in EVO LLC and an equivalent number of shares of the Company’s Class D common stock (which shares will then be cancelled) from entities affiliated with Madison Dearborn Partners, LLC.

BofA Merrill Lynch and Barclays are acting as the joint underwriters for the proposed offering.

About EVO Payments, Inc.

EVO Payments, Inc. (NASDAQ: EVOP) is a leading payment technology and services provider. EVO offers an array of innovative, reliable, and secure payment solutions to merchants ranging from small and mid-size enterprises to multinational companies and organizations across the globe. As a fully integrated merchant acquirer and payment processor in over 50 markets and 150 currencies worldwide, EVO provides competitive solutions that promote business growth, increase customer loyalty, and enhance data security in the international markets it serves.

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