Market Overview

Global Payments to Acquire AdvancedMD, a Leading Provider of Cloud-Based, Enterprise Software Solutions to Physician Practices


Expands Technology-Enabled Payments Strategy and Catalyzes Revenue

Global Payments Inc. (NYSE:GPN), a leading worldwide provider of
payment technology and software solutions, announced today an agreement
to acquire AdvancedMD from Marlin Equity Partners. AdvancedMD provides
cloud-based software as a service (SaaS) solutions to small-to-medium
sized ambulatory physician practices in the United States.

"We are delighted to expand our owned software portfolio with the
addition of AdvancedMD, a leader in the large and fragmented healthcare
vertical market," said Jeff Sloan, Global Payments' Chief Executive
Officer. "This acquisition aligns perfectly with our software-driven
strategy and will add significant SaaS revenue in a new, attractive
market with strong payment fundamentals, further accelerating our
business mix toward technology enablement."

Under the terms of the acquisition agreement, Global Payments will
acquire AdvancedMD in a cash transaction valued at $700 million. Global
Payments will finance the acquisition with its existing credit facility
and cash on hand. The transaction, which is subject to customary closing
conditions and regulatory approvals, is expected to close in the fourth
quarter of 2018. Global Payments expects the transaction to have an
immaterial impact on 2018 adjusted earnings per share results.

About Global Payments

Global Payments Inc. (NYSE:GPN) is a leading worldwide provider of
payment technology and software solutions delivering innovative services
driven by customer needs globally. Our technologies, solutions and
employee expertise enable us to provide a broad range of products and
services that allow our customers to accept all payment types and
operate their businesses more efficiently across a variety of
distribution channels in many markets around the world.

Headquartered in Atlanta, Georgia with more than 10,000 employees
worldwide, Global Payments is a member of the S&P 500 with customers and
partners in 30 countries throughout North America, Europe, the
Asia-Pacific region and Brazil. For more information about Global
Payments, our Service. Driven. Commerce brand and our
technologies, please visit

About AdvancedMD

AdvancedMD revolutionized medical office software in 1999 with the
introduction of the industry's first true cloud solution. Today, the
company continues to lead MedTech innovation with Rhythm,
a complete cloud suite of smart applications that work in unison,
accelerating collaborative workflow for every role of the practice. With
Rhythm, staff members are empowered to thrive in the online age of
healthcare and value-based reimbursement with essential clinical,
and reputation
applications that are unified and available anytime,
anywhere on any device. AdvancedMD strives to be the technology
heartbeat of healthcare for providers, patients and payers for a
healthier world. For more information, please visit

About Marlin Equity Partners

Marlin Equity Partners is a global investment firm with over $6.7
billion of capital under management. The firm is focused on providing
corporate parents, shareholders and other stakeholders with tailored
solutions that meet their business and liquidity needs. Marlin invests
in businesses across multiple industries where its capital base,
industry relationships and extensive network of operational resources
significantly strengthen a company's outlook and enhance value. Since
its inception, Marlin, through its group of funds and related companies,
has successfully completed over 130 acquisitions. The firm is
headquartered in Los Angeles, California with an additional office in
London. For more information, please visit

Forward-Looking Statements

Investors are cautioned that some of the statements we use in this
release contain forward-looking statements and are made pursuant to the
"safe-harbor" provisions of the Private Securities Litigation Reform Act
of 1995. Statements that are not historical facts, including revenue,
earnings estimates and management's expectations regarding future events
and developments, statements about the benefits of the proposed
acquisition of AdvancedMD including future financing and operating
results, the combined company's plans, objectives, expectations and
intentions and other statements that are not historical facts, are
forward-looking statements and are subject to significant risks and

Important factors that may cause actual events or results to differ
materially from those anticipated by such forward-looking statements
include our ability to safeguard our data; increased competition from
larger companies and non-traditional competitors, our ability to update
our services in a timely manner; our ability to maintain Visa and
MasterCard registration and financial institution sponsorship; our
reliance on financial institutions to provide clearing services in
connection with our settlement activities; our potential failure to
comply with card network requirements; potential systems interruptions
or failures; software defects or undetected errors; increased attrition
of merchants, referral partners or independent sales organizations; our
ability to increase our share of existing markets and expand into new
markets; a decline in the use of cards for payment generally;
unanticipated increases in chargeback liability; increases in credit
card network fees; change in laws, regulations or network rules or
interpretations thereof; foreign currency exchange and interest rate
risks; political, economic and regulatory changes in the foreign
countries in which we operate; future performance, integration and
conversion of acquired operations, including without limitation
difficulties and delays in integrating or fully realizing cost savings
and other benefits of our acquisitions at all or within the expected
time period; fully realizing anticipated annual interest expense savings
from refinancing our corporate debt facilities; our loss of key
personnel and other risk factors presented in Item 1- Risk Factors of
our Report on Form 10-K for the year ended December 31, 2017 and any
subsequent SEC filings, which we advise you to review.

Additional important factors that could cause actual events or results
to differ from those anticipated by our forward-looking statements or
historical performance associated with the proposed acquisition of
AdvancedMD include the ability to meet closing conditions at all or on
the expected terms and schedule, business disruption during the pendency
of the acquisition or thereafter making it more difficult to maintain
business and operational relationships, including the possibility that
our announcement of the acquisition could disrupt AdvancedMD's
relationships with financial institutions, customers, employees or other
partners; and difficulties and delays in fully realizing benefits of the

Our forward-looking statements speak only as of the date they are made
and should not be relied upon as representing our plans and expectations
as of any subsequent date. We undertake no obligation to revise any of
these statements to reflect future circumstances or the occurrence of
unanticipated events.

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