Paya Announces Strategic Acquisition of The Payment Group

ATLANTA, Sep. 21, 2020 – Paya, a leading provider of integrated payment and commerce solutions, has announced that it has signed a definitive agreement to acquire The Payment Group (“TPG”). TPG provides integrated payment solutions to more than 600 utility and municipal government clients, linking all payments with their existing accounting and business management software. This marks Paya’s second acquisition in the government and utilities integrated payments space. Paya is a portfolio company of GTCR, a leading private equity firm.

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