Trading under a common identity across the PayaCardServices, PayaCharity, LibertyPay and QixPay brands, the Group provides a range of card acceptance services to organisations across numerous sectors, supported by in-house technology, online applications and portal customer support facilities.

ITS is a B2B Payment Gateway providing a range of payment services to enable B2B digital payments. The business has over 30 years' experience in the payments industry, developing innovative card payment solutions, with a particular focus on enhanced data including Level 3 Purchasing Cards transactions.

The augmented Group will benefit from ITS’s payment gateway and the ability to perform its own acquirer and terminal accreditations through its PCI DSS certification. This strengthening of the business’s IT capabilities will provide greater control of timings, agility and speed to market for the Group’s payment propositions.

Bill Thomson will take up a leadership role at ITS to drive initiatives, supported by the existing management team of ITS, who will strengthen the senior leadership of the Group.

Legal advice on the transaction was provided by Holly Threlfall and Justin Wilson of Franklins Solicitors LLP and PAYA Group were advised by Kevin Steven of Pierce Corporate Finance.

We are delighted to announce the acquisition of ITS, a business that has built a fantastic reputation in the market. The Group will benefit through its valuable technology-based payment gateway, which will provide an opportunity to build out our customer base even further. We are thrilled that we will be able to leverage the synergies to the benefit of our clients, giving assurance to customers that we will be there to deliver service in the long term.

Bill Thomson, Group CEO, PAYA Group

Ben Kimball, Director Regional Business Development, ThinCats; “It is great to support a growing and ambitious business like PAYA, whose work in the charity sector has had such a significant and positive impact. ITS is the perfect fit and will enhance the group’s proposition and delivery. Great to work with Kevin on another transaction and we look forward to seeing the group continue its strong growth trajectory.”