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Announced

Completed

FTV Capital led a $110m investment in ConnexPay.

Financials

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Transaction Value£97m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Completed

Acquisition

Private

United States

Payments / Commerce

Single Bidder

payment technology

Friendly

Minority

Private Equity

Synopsis

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FTV Capital, a sector-focused growth equity investment firm, led a $110m investment in ConnexPay, a payments technology company that integrates payments acceptance and issuance inside a single platform. “The value of the connected ecosystem – which provides reduced risk, improved cash flow, lower costs of accepting payments and easier reconciliation – truly transforms companies across many verticals. With FTV’s proven track record in payments and its extensive Global Partner Network, we are confident this partnership positions ConnexPay to accelerate global commercial success,” Robert Kaufman, ConnexPay Founder and CEO.

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