.
MergerLinks Header Logo

New Deal


Announced

Completed

PSG completed an investment in Fidelity Payment Services.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

FinTech

Private Equity

payment solutions

Domestic

Minority

Private

Single Bidder

Friendly

Acquisition

Completed

Synopsis

Edit

Providence Strategic Growth, a private equity firm, completed an investment in Fidelity Payment Services, a financial services company, with participation from HIG Capital, a private equity firm. Financial terms were not disclosed. “Given PSG’s experience in payments, we recognized Fidelity Payment Services immediately as one of the few providers with a robust proprietary technology platform, putting the company in a unique position to address the complex needs of merchants and ISVs,” Marco Ferrari, PSG Managing Director.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US