Announced
Completed
Financials
Tags
financial technology
Completed
Majority
Acquisition
Friendly
Private Equity
Domestic
FinTech
United States
Private
Single Bidder
Synopsis
Searchlight Capital Partners, a global private investment firm with over $8bn in assets under management and offices in New York, London and Toronto, completed the $525m investment in Sightline Payments, a dynamic fintech company that is enabling the next generation of cashless, mobile and omni-channel commerce solutions. “We have tremendous respect for the work Kirk, Joe and the rest of the management team at Sightline Payments have done over the last 10 years in developing breakthrough innovations in payments technologies. The company is well-positioned to ride the secular trends of consumers’ demand for cashless and digital payments and significant end market expansion. Searchlight is proud to partner with the Sightline management team and co-founders in this investment and to support the acceleration of its growth and innovation,” Christopher Cruz, Searchlight Managing Director.
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