Paul, Weiss, Rifkind, Wharton & Garrison LLP

11/15/2024 | News release | Archived content

Nuvei Acquired by Advent International in $6.3 Billion Take-Private Deal

Paul, Weiss advised a special committee of independent directors of Montreal-based Nuvei Corporation in the company's take-private acquisition by global private equity investor Advent International, alongside the company's founder and existing shareholders Novacap and CDPQ. Nuvei is one of the most advanced technology providers in the global payments industry. The all-cash deal values Nuvei at an enterprise value of approximately $6.3 billion. Under the terms of the deal, the investor group acquired all of Nuvei's outstanding shares for $34.00 per share.

The Paul, Weiss team is led by corporate partners Adam Givertz and Ian Hazlett, and includes counsel Steve Centa.