Nuvei to Acquire GTCR-Backed Payments Provider Paya in $1.3bn Deal

Nuvei to Acquire GTCR-Backed Payments Provider Paya in $1.3bn Deal

Canadian fintech company Nuvei will acquire Atlanta-based payments and accounting provider Paya Holdings Inc. for $9.75 per share in a cash deal worth $1.3bn. Private equity firm GTCR agreed to tender their shares of Paya, which was originally acquired in 2017, with...
Carlyle buys majority stake in India’s VLCC for $300m

Carlyle buys majority stake in India’s VLCC for $300m

Private-equity firm Carlyle Group has acquired a majority stake in Indian beauty care and wellness solutions provider VLCC for around $300m, two sources told Reuters on Tuesday. The equity for the transaction will come from funds managed and advised by entities...