Global payments provider EVO Payments has acquired Sage development partner North49 Business Solutions to provide Sage customers with enhanced B2B integrated payment solutions, according to a company press release Monday (May 23).
North49, a Sage authorized partner and Sage development partner, provides accounts receivables products and business automation tools to help customers streamline their payment systems to the Sage 300 and Sage Intacct solutions.
The acquisition grew EVO’s portfolio of enterprise resource planning (ERP) integrations to include Sage accounting software, which the company said will allow it to sign new partners and merchants within the Sage ecosystem.
“We are very excited about the acquisition of North49, which will enable us to offer our leading gateway and acquiring services to Sage users and offer a bundled B2B payments solution to customers new to both Sage and EVO,” said Brendan F. Tansill, EVO’s president of the Americas, in the press release.
“North49’s leading Sage integration enhances our existing B2B payment offering, which also includes native API integrations to the Microsoft, Acumatica, Oracle and SAP systems,” he said.
Terms of EVO’s acquisition of North49 were not disclosed.
Etienne Grobler, North49’s president and co-founder, said the firms “share a common appreciation for the critical role ERP providers play in supporting B2B merchants.”
Related: EVO Payments to Provide Merchant Acquiring, Payment Processing for National Bank of Greece
In December, EVO Payments partnered with the National Bank of Greece to offer merchant acquiring and payment services. As part of the deal, the bank spun off its merchant-acquiring business into something new, in which EVO bought a 51% stake.
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