AcquisitionEntered into an agreement with Advent International to be taken private for $34/share, offering shareholders a significant premium over the previous market price.
Financial PerformanceNuvei's strong Q4 performance, highlighted by a 46% year-over-year increase in revenue, signals robust growth and a positive outlook for the company.
Management And OwnershipCEO Philip Fayer, along with key investors Novacap and CDPQ, will maintain substantial ownership post-acquisition, ensuring leadership continuity and commitment.