M&A Deal Summary

Nuvei Acquires Paya

On January 9, 2023, Nuvei acquired financial services company Paya for 1.3B USD

Acquisition Highlights
  • This is Nuvei’s 2nd transaction in the Financial Services sector.
  • This is Nuvei’s largest (disclosed) transaction.
  • This is Nuvei’s 4th transaction in the United States.
  • This is Nuvei’s 2nd transaction in Georgia.

M&A Deal Summary
Date 2023-01-09
Target Paya
Sector Financial Services
Buyer(s) Nuvei
Deal Type Add-on Acquisition
Deal Value 1.3B USD

Target

Paya

Dunwoody, Georgia, United States
Paya is a provider of payment processing and merchant-acquiring solutions in North America. The company provides credit card, ACH, check, gift, and loyalty card processing services to small and medium-sized businesses in the United States and Canada. Paya's payment solutions integrate with merchants' business management software solutions and enable them to securely accept electronic payments through multiple channels, including card-present, e-commerce, and mobile. Through the Company's EFT subsidiary, Paya offers specialized ACH processing services to merchants, processors, and other businesses. It serves a diversified client base of approximately 100,000 SMBs including healthcare providers, non-profit and faith-based organizations, and accounting software companies. Paya is based in Dunwoody, Georgia.

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Buyer(S) 1

Buyer

Nuvei

Montreal, Quebec, Canada
Category Company
Founded 2003
Sector Information Technology
Revenue 1.2B USD (2023)
DESCRIPTION

Nuvei is a payment technology platform which offers direct connections to all major payment card schemes worldwide, supports 450 local and alternative payment methods and nearly 150 currencies. Nuvei was founded in 2003 and is based in Montreal, Quebec.

DEAL STATS #
Overall 5 of 5
Sector (Financial Services) 2 of 2
Type (Add-on Acquisition) 5 of 5
State (Georgia) 2 of 2
Country (United States) 4 of 4
Year (2023) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-07 Paymentez

Miami, Florida, United States

Paymentez provides a breadth of payment solutions to merchants and financial institutions, including gateway, white-labeling, card acquiring and prepaid card options. Paymentez supports high-growth eCommerce verticals including online games, delivery platforms, mobility, transportation, sports, as well as other segments throughout Latin America. Paymentez was founded in 2008 and is based in Miami, Florida.

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