- Deal may value Atlanta-based company at as much as $2 billion
- French company has announced three acquisitions this year
Atos SE, a French computer services provider, is considering making an offer for EVO Payments International in a deal that may value the U.S. payments processor at as much as $2 billion, people familiar with the matter said.
Atos has held preliminary talks with Atlanta-based EVO about a potential purchase, the people said, asking not to be named as the details aren’t public. No final decision has been made and there’s no certainty a deal will happen, the people said. EVO is backed by private equity firm Madison Dearborn Partners, which it partnered with in 2013 to help fund international expansion plans.
Atos, which has a market valuation of about 7.7 billion euros ($8.2 billion), may acquire EVO through payment services business Worldline SA, in which it holds a 73 percent stake, if it goes ahead with the deal, three of the people said. The Bezons, France-based company is also looking at other potential targets, the people said.
Representatives for Atos and Madison Dearborn declined to comment. Representatives for EVO didn’t respond to requests for comment.
This month Atos said it would acquire Unify, an integrated communication services business, from Siemens AG and The Gores Group for 340 million euros ($362 million). The French company has announced three acquisitions in the past year as it seeks to expand its geographical reach and expertise. Worldline agreed this month to a strategic tie-up with payment provider Equens SE, acquiring its subsidiary PaySquare as well as creating a jointly owned entity known as Equens Wordline.