EVO Payments (EVOP) IPO Opens up 25%

Today's IPO for EVO Payments (NASDAQ: EVOP) opened for trading at $20.05 after pricing 14,000,000 shares of its Class A common stock at a price to the public of $16.00 per share, of which 13,333,333 shares are being offered by EVO and 666,667 shares are being offered by a selling stockholder.

EVO has granted the underwriters a 30-day option to purchase up to an additional 2,100,000 shares of common stock to cover over-allotments.

J.P. Morgan, BofA Merrill Lynch, Citigroup, Deutsche Bank Securities, and SunTrust Robinson Humphrey are acting as the book-running managers for the offering. Barclays, Cowen and Company, Goldman Sachs & Co. LLC, PKO BP Securities, Regions Securities LLC and William Blair are also acting as book-running managers for the offering.

EVO Payments, Inc. (NASDAQ: EVOP) is a payment technology and services provider. EVO offers an array of innovative, reliable, and secure payment solutions to merchants ranging from micro-enterprises to multinational companies and organizations across North America and Europe. EVO supports all major card types in the markets it serves.

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