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Announced

Completed

Blackstone and CVC-backed Paysafe Group went public via a merger with Foley Trasimene Acquisition at a $9bn valuation.

Financials

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Transaction Value£6,694m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

FinTech

United Kingdom

online payment services

Private

Merger

Single Bidder

Private Equity

Cross Border

Majority

De-SPAC

Reverse Takeover

Completed

Synopsis

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Blackstone and CVC-backed Paysafe Group, an integrated payments platform, went public via a merger with Foley Trasimene Acquisition, a special purpose acquisition company, at a $9bn valuation. “The closing of this transaction and our listing on the New York Stock Exchange is a huge milestone for Paysafe and getting to this point today is testament to the hard work and dedication of our team around the world,” Philip McHugh, Paysafe CEO.

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