M&A momentum continues its gradual progression over these past two weeks as a couple new deals emerge within the payments industry.
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M&A OVERVIEW

March 25th - April 4th

M&A momentum continues its gradual progression over these past two weeks as a couple new deals emerge within the payments industry. As the first quarter of the year came to a close last week, total deal count amassed to eighteen transactions. When compared to last year’s nineteen transactions for the first quarter, M&A activity thus far this year is pacing very similarly. While the start of the second quarter was kickstarted with Advent International’s agreement to take Nuvei private, the rest of this quarter will need to continue this year's current pace in order to succeed the fifteen deals achieved during Q2 last year. With several large deals making an impact in the payments industry so far this year, it is uncertain whether or not activity will remain consistent or pick up additional traction. In the event that activity continues at its current pace, this year’s total deal count will unfold similarly to what occurred last year.

NEW DEALS

  • Quisitive Announces Agreement to Sell BankCard USA

  • Nuvei enters into agreement to be taken private by Advent International, alongside existing Canadian shareholders Philip Fayer, Novacap and CDPQ at a price of US$34.00 per share

PAYMENT ACTIVITY

Payment M&A Activity by Month: 2023 - 2024 YTD

Payment Activity-Apr-04-2024-06-12-31-3579-PM

HISTORICAL DEAL TRACKER

Transaction History: February - April 2024

Deal Tracker-Apr-04-2024-06-12-52-4029-PM

TSG M&A SERVICES

Buy-Side

In an industry with more buyers than sellers, TSG has perfected a strategy to identify, qualify, and engage prospective owners that may be interested in selling their payments enterprise. TSG provides options to assist buyers in meeting their acquisition objectives.

 

Sell-Side

TSG has a pulse on the market and performs an extensive assessment of value drivers to ensure that potential sellers understand the value of their company in the marketplace – prior to starting the sales process.

 

Valuation & Assessment Services

TSG has completed more than 250 valuations in the last decade. We take a “bottom-up" approach analyzing the minutia of every merchant in the portfolio in order to accurately access its value.

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