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Avangate Acquires 2Checkout to Expand Payment Flexibility and Broaden Market Reach

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Combined company will bring a unique combination of eCommerce and subscription management solutions to market through various payment models across the globe.
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European Business Award Champion

Avangate Selected as National Champion In The 2014/15 European Business Awards

Digital Commerce Solution Represents The Netherlands in Prestigious Awards Competition

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Redwood City, CA and Amsterdam, The Netherlands - September 24, 2014 - Avangate, the leading Digital Commerce solution provider trusted by thousands of Software and Online Services companies to grow their business worldwide, today announced that it has been selected as a National Champion representing The Netherlands in the 2014/15 European Business Awards, a prestigious competition that recognizes and rewards excellence, best practice and innovation across the European business community.

Now in its 8th year, the 2014/2015 European Business Awards engaged with over 24,000 businesses from 33 European countries, with 709 companies from across Europe being named National Champions, out of which 19 companies representing The Netherlands. The awards program is sponsored by RSM International.

"We're very proud to be selected National Champions for The Netherlands in this prestigious business award," said Carl Theobald, Avangate's CEO and President. "With the shift to digital commerce disrupting every industry, this award further validates Avangate's strong digital commerce solutions and our role in enabling the New Services Economy."

"Congratulations to Avangate, it is a great achievement to be named National Champion,," said Adrian Tripp, CEO of the European Business Awards. "The European Business Awards is going from strength to strength, inspiring businesses to greater success and helping to improve the competitive edge of companies across Europe."

Founded in 2006, Avangate is headquartered in Amsterdam, The Netherlands and has its Corporate office in Redwood City, California, USA, with additional support offices in Eastern Europe and APAC. This recognition marks the latest in a series of accolades for Avangate. The company recently won a "Company of the Year - Computer Software" Gold Stevie® Award and has been recognized by the CODiE awards for several years in a row. For more information on Avangate's achievements, visit the company's web page on certificates and awards.

About the European Business Awards

The European Business Awards recognises and rewards excellence, best practice and innovation. The competition is free to enter and open to organisations of all sizes and from any industry sector. The European Business Awards programme serves three purposes for the European business community:

• It provides examples for the business community to aspire to

• It celebrates and endorses individual's and organisation's success

• It provides an active platform for debate

Learn more about the European Business Awards and its winners at http://www.businessawardseurope.com/

About 2Checkout (formerly Avangate)

2Checkout, a Francisco Partners portfolio company, is the digital commerce & payments provider that helps companies sell their products and services via multiple channels, acquire customers across multiple touch points, increase customer and revenue retention, leverage smarter payment options and subscription billing models, and maximize sales conversion rates. The company’s clients include ABBYY, Absolute, Bitdefender, FICO, HP Software, Kaspersky Lab, and many more companies across the globe.

Avangate acquired 2Checkout in March 2017. More information about 2Checkout’s Avangate platform and related services can be found on www.avangate.com.

More information on 2Checkout can be found on www.2checkout.com

Media Contact

For media & PR inquiries related to Avangate, please contact:

Delia Ene, Avangate

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