Press
News
July 23, 2007
GlobalCollect Announces Investment by General Atlantic
GlobalCollect to continue providing clients with technologically advanced payment processing that includes seamless full service and worldwide e-payments
Amsterdam, The Netherlands -- GlobalCollect, the world's premier full-service international e-payment service provider, announced today that General Atlantic LLC (GA), a leading global growth equity firm, has completed its transaction to acquire GlobalCollect from Waterland Private Equity Investments and Prime Technology Ventures. GlobalCollect's management continues to hold a substantial stake in the business. The terms of the transaction were not disclosed.
GlobalCollect uses its network of international payment solutions to deliver a seamless, full-service offering to merchants selling online. It provides payment options in over 200 countries including methods such as credit cards, debit cards, bank transfers, direct debits, cheques, eWallets, prepaid methods and cash solutions via retail outlets. GlobalCollect provides clients with the full service including reconciliation, reporting and FX conversion, using a single web-enabled system for payment queries and administration.
Jan Manten, CEO of GlobalCollect said, "We are very pleased to have General Atlantic as our capital partner. Their global network, deep expertise in the financial services industry, understanding of growth drivers and active value-added strategy will be of tremendous benefit to us as we continue to expand our service offerings and operations on a global basis."
"We have been very impressed with demonstrated experience and track record of GlobalCollect's management team and the excellent opportunity for continued rapid growth providing services for enterprises in retail, travel and other industries," said Klaus Esser, Head of GA's European operations. "We are very excited to work closely with Jan, Ron, Paul and their team as we continue to provide premier payment solutions globally."
GlobalCollect is active across industry sectors including telcos/portals, publishing, online games, retail, digital content, ticketing/events and travel and counts among its global clients Vivendi/Blizzard, Reuters, Skype, KLM, and Tickets.com. GlobalCollect is headquartered in Hoofddorp, the Netherlands and has sales offices in San Francisco and Singapore.
"GlobalCollect is well-positioned with its cross-border payment capabilities and full service product portfolio targeted at high quality international merchants in rapidly growing end markets," said Florian Wendelstadt, Managing Director with GA. "We are very excited about GlobalCollect's continued growth potential."
Jan Manten (CEO), Paul van Mierlo (CFO) and Ron Vollebregt (COO) will continue to lead the company.
About GlobalCollect
GlobalCollect is the world's premier Payment Service Provider of local e-payment solutions for international Customer Non-Present (CNP) businesses such as internet, mail, and telephone order and specializes in a wide range of industries such as travel, ticketing, telecommunications, retail, publishing, portals, online games, and digital content. GlobalCollect offers a full service that is uniquely in a class of its own. While most providers are limiting their payment services to a technical link with payment acquirers, GlobalCollect provides a complete service which includes the contractual and technical connections to local payment processors worldwide, bank account network management, matching, reporting and finally the fund remittance. Clients save precious time and costs and, as a result, are able to focus solely on their core business. Through one single web-enabled technical and administrative interface, our online payment platform offers the largest range of local e-payment methods and currencies in over 200 countries including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, e-Wallets, cash at outlets, prepaid methods, checks, and invoices. GlobalCollect - on the web at www.globalcollect.com
About General Atlantic
GENERAL ATLANTIC is a leading global growth equity firm providing capital and strategic support for growth companies. GA combines a collaborative global approach, sector-specific expertise, long-term investment horizon and a deep understanding of growth drivers to partner with great management and build exceptional businesses worldwide. Founded in 1980, GA manages approximately billion in capital and has more than 70 investment professionals based in Greenwich, New York, Palo Alto, London, Düsseldorf, Hong Kong and Mumbai. For further information and a listing of GA's public and private portfolio companies see www.generalatlantic.com.
Other news
GlobalCollect Announces Investment by Welsh, Carson, Anderson & Stowe
April 15, 2010
Wazzamba Wins by Partnering With GlobalCollect
March 16, 2010
AVG Technologies Partners with GlobalCollect
January 26, 2010
GlobalCollect Expands Worldwide Presence by Opening Latin American Office in Buenos Aires
January 19, 2010
GlobalCollect Joins PCI Security Standards Council as Newest Participating Organization
January 5, 2010
GlobalCollect Appoints Three Vice Presidents Business Development for its Regional Offices
December 22, 2009
Magento and GlobalCollect Enter Strategic Partnership To Boost Online Sales
December 16, 2009
Star Vault AB Selects GlobalCollect as Payment Service Provider for its Latest Online Game
October 26, 2009
Social Network Sonico.com is Making Friends with Payment Service Provider GlobalCollect
September 15, 2009
Miniclip.com selects GlobalCollect as Payment Service Provider for its Online Games Website
August 10, 2009
Emirates Airline Partners with GlobalCollect for Introduction of Worldwide Alternative Payment Processing
June 8, 2009
DHgate.com and Worldwide Payment Service Provider GlobalCollect Make Wholesale Purchasing from China Even Simpler
June 3,2009
Sony Music Selects GlobalCollect as Payment Service Provider to Boost its Artists' E-commerce Platforms
May 27, 2009
CyberSports Kicks Off Virtual Multi-Player Football Game with GlobalCollect
February 11, 2009
GlobalCollect Appoints Miles Flint As Chairman to the Supervisory Board
September 30, 2008
GlobalCollect Partners with Trustwave to Provide PCI DSS Compliance Validation to Merchants
September 17, 2008
Zinio Expands its Online Payment Abilities by Choosing GlobalCollect as Payment Partner
July 9, 2008
Rosetta Stone Names GlobalCollect its Preferred Global E-commerce Payment Service Provider
July 07, 2008
GlobalCollect Adds Quova to its Fraud Prevention Portfolio
June 24, 2008
GlobalCollect Appoints Floris de Kort as Chief Commercial Officer
May 29, 2008
GlobalCollect Expands its Global Presence by Opening an Asia-Pacific Office in Singapore
April 24, 2008
Click here for the