Sage Group news and trends

Sage Payments CEO On What’s Next And What’s Now
Acquiring // January 30, 2018

In 2017, Sage Payments parted ways with parent Sage Group. It was acquired by GTCR and brought on Joe Kaplan as its new CEO in October. Now, it's officially beginning its first chapter as an independent company with a change of name and focus. Kaplan...

Sage Is Mulling A Sale Of Its US Payment Processing Unit
Payment Methods // January 27, 2017

Sage Group, the U.K. software company, is launching a review of the company’s payments business and is mulling a sale of the U.S. arm of that business. According to a report by Bloomberg, Sage said it had been exploring options for Sage Payment Solutions, the U.S....

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Elavon Spends $300M For Sage Pay

November 18, 2019
U.S. Bancorp subsidiary Elavon is acquiring U.K. payments gateway Sage Pay for $300 million, according to reports on Monday (Nov. 18). The deal comes as Sage Pay’s parent company Sage Group said in September that it was seeking “strategic alternatives for the payments business.” The company had more recently been focused on accounting, people and […]

Sage Is Mulling A Sale Of Its US Payment Processing Unit

January 27, 2017
Sage Group, the U.K. software company, is launching a review of the company’s payments business and is mulling a sale of the U.S. arm of that business. According to a...