Nuvei Corp

Nuvei Corp. engages in the provision of global payment solutions. It provides mobile commerce and eCommerce payments technology. Its services include payment gateways, security and risk management, recurring and subscription billing, multi-currency pricing, dynamic currency conversion, and ACH payment processing services. The company was founded by Philip Fayer on September 1, 2017 and is headquartered in Montreal, Canada.

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Nuvei Corp. engages in the provision of payment technology and solutions.Its services include payment gateways, security and risk management, recurring and subscription billing, multi-currency pricing, dynamic currency conversion, and ACH payment processing services. The company was founded by Philip Fayer on September 1, 2017 and is headquartered in Montreal, Canada.

2019, the year of the payments industry mega-deals, seems long ago and far away. Before the pandemic, the headlines were awash in waves of verticalization, where large firms scooped up other large firms for tens of billions of dollars.

Nuvei Sale Hints at Go-Private Deals and Consolidation in Payments' Future

NEW YORK , April 2, 2024 /PRNewswire/ --  Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating Nuvei Corp. (Nasdaq: NVEI), relating to its proposed sale to Advent International.

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Announces an Investigation of Nuvei Corp. - NVEI

Ryan Reynolds-backed Canadian payment processing company Nuvei (NVEI) is being acquired and taken private by private equity firm Advent International, the companies announced Monday.

Ryan Reynolds-Backed Nuvei Reaches $6.3B Deal To Be Taken Private by Advent International

Canadian payments FinTech Nuvei is set to become a private company. Nuvei announced the $6.3 billion deal with private equity firm Advent International on Monday (April 1), three weeks after reports of a possible acquisition emerged.

Nuvei Goes Private in $6.3 Billion Sale to Advent International

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Nuvei Corporation (NASDAQ: NVEI) to Advent International for $34.00 per share in cash is fair to Nuvei shareholders. Halper Sadeh encourages Nuvei shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Nuvei and its b.

NVEI Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Nuvei Corporation Is Fair to Shareholders

The proposed transaction has the support of shareholders Philip Fayer, Nuvei's founder, chairman and chief executive, Novacap and Caisse de depot et placement du Quebec, who collectively represent roughly 92% of the voting power attached to Nuvei's shares.

Nuvei Agrees to Deal to Be Taken Private

Private equity firm Advent International has agreed to buy Canada's Nuvei in a deal that values the payments technology firm, which has received financial backing from actor Ryan Reynolds, at $6.3 billion.

Advent to buy Ryan Reynolds-backed fintech Nuvei in $6.3 bln deal

Existing shareholder Philip Fayer is rolling over substantially all of his existing equity and existing shareholders Novacap and CDPQ are rolling over a majority of their existing equity Key highlights: Nuvei, a global leader in payments, and Advent, a significant player in fintech private equity investing, join forces via all-cash transaction Shareholders will receive US$34.00 per share in cash, which represents a premium of approximately 56% over Nuvei's unaffected closing share price of US$21.76 on the Nasdaq Global Select Market on March 15, 2024, and a premium of approximately 48% over Nuvei's 90-day volume weighted average trading price[1] as of such date, valuing Nuvei at an enterprise value of approximately US$6.3 billion Canadian shareholders Philip Fayer, Novacap and CDPQ will indirectly own or control approximately 24%, 18% and 12%, respectively, of the equity in the resulting private company as part of the agreement Philip Fayer will continue to lead Nuvei as Chair and Chief Executive Officer, alongside his broader leadership team, with Montreal continuing to serve as Nuvei's headquarters   MONTREAL , April 1, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), today announced that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") to be taken private by Advent International ("Advent"), one of the world's largest and most experienced global private equity investors, with the support of each of the Company's holders of multiple voting shares ("Multiple Voting Shares"), being Philip Fayer, certain investment funds managed by Novacap Management Inc. (collectively, "Novacap") and CDPQ, via an all-cash transaction which values Nuvei at an enterprise value of approximately US$6.3 billion. The Company will continue to be based in Montreal.

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

Nuvei stock jumped 30% on March 18 with the WSJ reporting a PE deal is likely to be finalized soon. The stock jumped another 7% yesterday with no apparent news. Raymond James analyst John Davis recently claimed that Nuvei may fetch as high as $36 per share in a PE deal. Nuvei's investments in product enhancements, market expansion efforts, and the improving macroeconomic outlook paint a promising picture.

Take-Private Deal Or Not, Nuvei Is Attractive

Nuvei Corporation (NVEI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Nuvei Corporation (NVEI) Stock Jumps 31.8%: Will It Continue to Soar?

Nuvei's global reach and industry-leading APM connectivity is enabling the international fashion house to tailor its online checkout to local markets MONTREAL and SINGAPORE , March 19, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has partnered with Charles & Keith, the Singaporean-based fashion house specializing in footwear, handbags and accessories, to optimize the brand's eCommerce payments solution as it continues its rapid global expansion. Through a single integration with Nuvei's full stack payments technology platform, Charles & Keith is now able to accept a wide range of alternative payment methods (APMs), tailoring its online checkout experience to local customer preferences across the brand's markets in Southeast Asia, Europe and the United States.

Charles & Keith selects Nuvei to boost international expansion

Nuvei Corp (TSE: NVEI) opened about 25% up on Monday following news that Advent International is close to acquiring the payments processor for an undisclosed amount. How much is Advent paying for Nuvei stock?

Nuvei stock opened 25% up on Monday: find out more

Nuvei (NASDAQ: NVEI ) stock is heading higher on Monday as investors react to reports of a deal to take the payment processing company private. According to recent reports, private equity firm Advent International is in advanced talks to take Nuvei private.

NVEI Stock Alert: Nuvei Pops on Potential Go-Private Deal

Reynolds Consumer Products

Nuvei says its board has formed a special committee to evaluate and consider ‘such expressions of interest.'

Nuvei Stock Surges on Report Ryan Reynolds-Backed Payments Processor Is Close to Being Acquired

Canadian payments technology company Nuvei said late on Sunday that it is evaluating strategic alternatives, including a potential deal to go private.

Canadian payments processor Nuvei explores options including going private

MONTREAL , March 17, 2024 /PRNewswire/ -- Nuvei Corporation (NASDAQ: NVEI) (TSX: NVEI) (the "Company" or "Nuvei") announces today that it is aware of recent media reports speculating as to a potential going-private transaction involving the Company. While the Company's policy is to not comment on rumours or speculation, the Company confirms that, in connection with expressions of interest received by the Company, the board of directors of the Company formed a special committee of independent directors (the "Special Committee") to evaluate and consider, in consultation with the Special Committee's and the Company's respective financial and legal advisors, such expressions of interest as well as any other strategic alternatives that may be available under the circumstances in the best interest of the Company.

Nuvei responds to recent press reports

Private equity firm Advent International is in advanced talks to buy Canadian payments processor Nuvei , a source familiar with the matter told Reuters on Saturday.

Advent near deal to buy Canadian payments processor Nuvei, source says

Nuvei's unified commerce solution will exclusively power The Master Group's eCommerce and retail checkouts in Canada MONTREAL, March 14, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has partnered with The Master Group, Canada's largest distributor in the HVAC-R industry, to optimize The Master Group's payments functionality and drive faster growth through an enhanced omnichannel experience. The Master Group is leveraging Nuvei's unified commerce solution to accept credit and debit card payments seamlessly across its online and in-store sales channels.

The Master Group selects Nuvei to accelerate online growth

MONTREAL , March 11, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announced that members of the Company's management team will be participating in the following investor conferences: Wolfe FinTech Forum 2024 in New York, NY on Wednesday, March 13, 2024. The discussion will begin at 3:15 PM ET and last for approximately 35 minutes Bank of America 2024 Electronic Payments Symposium on Tuesday, March 19, 2024.

Nuvei to Participate in Upcoming Investor Conferences

Nuvei Corporation (NASDAQ:NVEI) Q4 2023 Earnings Conference Call March 6, 2024 8:30 AM ET

Nuvei Corporation (NVEI) Q4 2023 Earnings Call Transcript

Nuvei Corporation (NVEI) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.47 per share a year ago.

Nuvei Corporation (NVEI) Q4 Earnings and Revenues Beat Estimates

Nuvei reports in U.S. dollars and in accordance with International Financial Reporting Standards ("IFRS") MONTREAL , March 5, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today reported its financial results for the three months and year ended December 31, 2023. The Company's results are also included in a quarterly shareholder letter which can be found in the "Events and presentations" and "Financial information" sections of the Company's Investor Relations website at https://investors.nuvei.com.

Nuvei Announces Fourth Quarter and Fiscal 2023 Results

MONTREAL , Feb. 21, 2024 /PRNewswire/ -- Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announced it will publish its fourth quarter and fiscal year 2023 earnings press release and shareholder letter after market close on Tuesday, March 5, 2024. Management will host a conference call and webcast to discuss fourth quarter and fiscal year 2023 financial results at 8:30 am ET on Wednesday, March 6, 2024.

Nuvei Announces Release Date for Fourth Quarter and Fiscal Year 2023 Results

Nuvei is the first global payments provider to offer direct local acquiring in the country, expanding its LATAM footprint MONTREAL , Feb. 20, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has launched direct local acquiring capabilities in Colombia, further expanding its presence in Latin America (LATAM) and strengthening its overall footprint in the region. Nuvei is the first global payments company to offer direct local acquiring in Colombia, enabling local and international partners to accept card payments from their customers in the country without relying on intermediaries or third-party payment processors.

Nuvei launches direct local acquiring in Colombia

Nuvei whitepaper surveyed 300 international enterprise-level businesses to discover how incremental payment wins drive revenue gains MONTREAL , Feb. 15, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today the launch of its latest research whitepaper, Accelerating revenue growth: How incremental payment optimization can drive up to 30% revenue gains , which places a spotlight on the role that strategic payment optimization can play in significantly enhancing eCommerce business' revenue. To compile the whitepaper data, Nuvei commissioned research to survey more than 300 global merchants and interviewed payments leaders from worldwide brands.

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