private equity

Nuvei Goes Private in $6.3 Billion Sale to Advent International
Nuvei Goes Private in $6.3 Billion Sale to Advent International
April 01, 2024  |  Acquisitions

Canadian payments FinTech Nuvei is set to become a private company. Nuvei announced the $6.3 billion deal with private equity firm Advent International on Monday (April 1), three weeks after reports...

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Macy’s, Nordstrom Eye Private Ownership While Adapting to Retail Market
Macy’s, Nordstrom Eye Private Ownership While Adapting to Retail Market
March 20, 2024  |  Retail

The U.S. retail industry may be on the brink of a significant transformation as department store chains Nordstrom and Macy’s consider a shift toward private-equity...

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Report: Nuvei on Verge of Buyout Deal With Advent
Report: Nuvei on Verge of Buyout Deal With Advent
March 17, 2024  |  Acquisitions

Canadian FinTech Nuvei is reportedly close to being acquired by private equity company Advent International. The payments processor, backed by actor/investor Ryan Reynolds, is in...

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Worldpay Becomes Independent Company as GTCR Sale Closes
Worldpay Becomes Independent Company as GTCR Sale Closes
February 01, 2024  |  Acquisitions

Payments technology firm Worldpay has begun life as an independent business. The company announced Thursday (Feb. 1) that former owner FIS had finalized the sale of Worldpay to private equity firm GTCR,...

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Private Credit Booms as Main Street Firms Seek Capital Access 
Private Credit Booms as Main Street Firms Seek Capital Access 
January 15, 2024  |  SMBs

For corporates, especially smaller Main Street businesses, private credit (aka private debt) appears as an avenue through which they can get the capital they need....

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Logjam in Funding: Limited Runway for Startups Heading into 2024
Logjam in Funding: Limited Runway for Startups Heading into 2024
January 05, 2024  |  Startups

Venture capital fundraising in the United States has reached its lowest level in six years, according to recent data. The annual fundraising figure for 2023...

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Dealmakers Hope for ‘M&A Rebound’ After Weak 2023
Dealmakers Hope for ‘M&A Rebound’ After Weak 2023
December 26, 2023  |  Acquisitions

It was a bleak year for mergers and acquisitions (M&A), the worst in a decade. However, a pair of reports Tuesday (Dec. 26) show that...

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Bain Sells $448 Million Share in Indian Lender Axis Bank
Bain Sells $448 Million Share in Indian Lender Axis Bank
December 13, 2023  |  Loans

Private equity firm Bain Capital has reportedly sold a $448 stake in India’s Axis Bank. The company made the block trade Wednesday (Dec. 13), Reuters reported, citing a term sheet...

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Motive Partners Invests $50 Million for Controlling Stake in Splitit
Motive Partners Invests $50 Million for Controlling Stake in Splitit
December 12, 2023  |  Investments

Private equity group Motive Partners has secured a controlling stake in installment payments company Splitit. Motive has committed to invest $50 million in Splitit, the companies announced Tuesday (Dec. 13)...

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