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New Deal


Announced

Parthenon-backed NXGEN and Payscape completed the acquisition of BluePay.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

online payment

Private

Friendly

e-payment solutions

Payments / Commerce

Private Equity

payment processing

Acquisition

Completed

Majority

Single Bidder

Synopsis

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Parthenon Capital-backed NXGEN and Payscape, two premier payment companies completed the acquisition of BluePay Canada, a provider of online payment solutions. Financial terms were not disclosed. “For myself and our team, this feels like a homecoming. We have closely watched the success of both Payscape and NXGEN over the years, so we are both excited and humbled to be included in this next chapter of growth with support from Parthenon Capital.” Marcus Dagenais, BluePay Canada Head.

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