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Nuvei enters into agreement to be taken private by Advent International, alongside existing ...

Retrieved on: 2024-04-01 16:43:06

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Nuvei enters into agreement to be taken private by Advent International, alongside existing .... View article details on hiswai:

Summary

Nuvei, an eCommerce payments leader, is being taken private by Advent International, with key management and shareholders like Philip Fayer and Novacap rolling over their equity. The deal values Nuvei at about $6.3 billion, bolstered by the company's significant transaction processing in corporate finance and the involvement of private equity firms and corporate law in the U.S. and Canada, highlighting the strength of the eCommerce sector in the stock market and mergers and acquisitions landscape.

Article found on: www.prnewswire.com

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