Nuvei to be acquired by US-based Advent and taken private in $6.3-billion USD deal
Nuvei will become the latest in string of publicly traded Canadian tech companies to go private.
Montréal payments company Nuvei has entered into an agreement to be purchased and privatized by American private equity firm Advent International.
Founder Philip Fayer will continue to lead Nuvei, which will remain based in Montréal.
Boston-based Advent has agreed to buy Toronto Stock Exchange and Nasdaq-listed Nuvei and take it private in a deal that values the Canadian FinTech firm at $6.3 billion ...
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