In a pivotal move for the financial technology sector, Nuvei Corporation has completed its transition to a privately held company following an all-cash acquisition by private equity firm Advent International. The deal, which valued Nuvei at approximately $6.3 billion, reflects broader trends in the fintech industry as companies recalibrate strategies amid economic uncertainties and increased […]
Nuvei Corporation’s shareholders have approved a pivotal plan of arrangement, marking a significant milestone in the company’s transition to private ownership under the auspices of Advent International. Valued at $6.3 billion, the acquisition will be executed at $34.00 per share in cash, a substantial premium over Nuvei’s recent trading prices on both the Nasdaq and […]
Nuvei Corporation, a leading Canadian fintech company listed on Nasdaq and TSX under the symbol NVEI, today unveiled its new Invoice Financing services. This cutting-edge solution has been seamlessly integrated into several top enterprise resource planning (ERP) platforms, including Sage and Acumatica, enabling merchants to optimize their cash flow and unlock working capital more efficiently. […]
In a significant move within the global payments industry, Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI) has announced a definitive arrangement to go private, with Advent International spearheading the all-cash transaction. The deal, valued at approximately US$6.3 billion, marks a pivotal shift for Nuvei, emphasizing its robust position in the fintech sector. This transition underlines the […]