iGaming Business – Online payment solutions provider Optimal Payments has strengthened its position in the US market by agreeing to acquire two US-based payment specialist companies.
Optimal has entered into a definitive agreement to acquire all of the partnership interests in payment processing entity Meritus Payment Solutions for $210 million (€153.7 million).
The deal consists of $150 million in cash and $60 million of Optimal Payments shares, which will be issued in equal tranches over four years, commencing on the first anniversary of the closing date.