TSYS closes $2.35 bln buy of TransFirst

TSYS said April 1 it completed its buy of TransFirst. The $2.35 billion sale was announced in January. Vista Equity Partners was the seller. TransFirst is one of the largest providers of secure payment processing in the United States. TransFirst’s president and CEO John Shlonsky was elected as Senior Executive Vice President of TSYS and will lead the combined businesses.

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