Announced
Financials
Tags
Payments / Commerce
Private
payments
Friendly
Private Equity
Single Bidder
Domestic
Minority
United States
Pending
Acquisition
Synopsis
Advent International agreed to acquire a minority stake in Planet, a global integrated payments provider, from Eurazeo. Financial terms were not disclosed. “This new investment will accelerate the rate at which we develop and roll-out new innovations. It will ensure we are able to offer our customers and partners a world-leading range of payments solutions in keeping with consumers’ ever changing needs and expectations,” Patrick Waldron, Planet CEO.
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