Shoreline closes second PE fund at $450m

Shoreline closes second PE fund at $450m

Lower middle-market private equity firm Shoreline Equity Partners, has held the close of its second private equity fund, Shoreline Equity Partners Fund II (SEP II), with $450m in limited partner commitments, in excess of its original $400m target. SEP II, which began...
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...