Global Payments, a provider of payment technology and software solutions, announced an agreement to buy Sicom Systems in a cash deal of approximately $415 million. Sicom provides cloud-based SaaS solutions and other technologies to quick service and fast-casual restaurants, as well as food service management providers. Global Payments will pay for the acquisition in cash and existing credit.
“The acquisition of Sicom aligns perfectly with our software-driven payments strategy and establishes Global Payments as a leader in one....