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Advent International to take Nuvei Corporation private for US$6.3 billion

PRIVATEApr 01, 2024

Acquiring Company

Advent International L.P

Acquired Company

Nuvei

BostonMontrealInvestment ManagementInformation TechnologyFinancial ServicesPaymentsFintech

Description

Nuvei Corporation has entered into a definitive agreement to be taken private by Advent International in an all-cash transaction valued at approximately US$6.3 billion. The transaction will provide Nuvei with significant resources, operational expertise, and investment capacity to continue its global expansion and shape the future of the payments industry.

Quick answer

Advent International L.P is acquiring Nuvei, announced April 1, 2024. Advent International L.P is based in Boston, Massachusetts, United States.

How much did Advent International L.P pay for Nuvei?
The deal value was not disclosed.
What does Advent International L.P do?
Advent International is a global private equity firm that focuses on investments in technology, healthcare, financial services, and consumer sectors.
Where are Advent International L.P and Nuvei based?
Advent International L.P is based in Boston, Massachusetts, United States. Nuvei is based in Montreal, Quebec, Canada.
Who are the decision-makers at Advent International L.P?
Fundz holds 2 contacts at Advent International L.P. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Advent International L.P

Location

800 Boylston Street

Boston, Massachusetts, United States

About

Advent International is a global private equity firm that focuses on investments in technology, healthcare, financial services, and consumer sectors. With a commitment to creating value in its portfolio companies, Advent works closely with management teams to drive growth and innovation. They have a strong record of successful investments and a team of experienced professionals. Advent International operates globally with offices in North America, Europe, Latin America, and Asia.

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Frequently asked

Who acquired Nuvei?

Nuvei was acquired by Advent International L.P, based in Boston. The deal was reported on April 1, 2024. Advent International is a global private equity firm that focuses on investments in technology, healthcare, financial services, and consumer sectors. Advent International L.P is privately held and operates in Investment Management.

When did Advent International L.P acquire Nuvei?

Advent International L.P's acquisition of Nuvei was reported on April 1, 2024. Nuvei Corporation has entered into a definitive agreement to be taken private by Advent International in an all-cash transaction valued at approximately US$6.3 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Nuvei do?

Nuvei Corp. is a payment technology firm that offers a full suite of payment services for businesses. It provides solutions facilitating transactions and payment processing across various platforms. It is privately held, operating in Information Technology, and is based in Montreal.

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