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New Deal


Announced

Nuvei raises $270m, reaching $2bn valuation.

Financials

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Transaction Value£205m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Acquisition

Canada

Private

Private Equity

FinTech

Friendly

Majority

consumer finance

payment technology

Synopsis

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Nuvei, a global payment technology provider, has completed a $270m common equity financing, valuing the company at $2bn. The investment comes primarily from Nuvei’s existing shareholders: Canadian private equity firm Novacap, supported by some of its key limited partners, and Caisse de dépôt et placement du Québec. This financing allows Nuvei to further bolster both its organic and acquisition growth plans. “Our partnership continues ahead to support the global expansion of a leading Quebec tech firm,” Charles Émond, CDPQ executive vice-president, Québec, private equity and strategic planning.

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