Worldpay changes ownership for the 6th time after the announced spin-off from FIS. Volker Schloenvoigt (Director, EDC London) is looking at the reasons behind that latest transaction
Investors know that being actively involved in ownership can greatly influence the overall success of an investment, and in the current economic climate, it is more critical than ever for private equity firms and the management teams of their payments and fintech portfolio companies to align on value creation initiatives. In this article, Martin Koderisch (Principal) outlines an approach to value creation at VC/PE owned payments and fintech companies.
In this month’s M&A update, Euan Jones (Business Analyst, London) looked at the near-final $1.7bn acquisition of BillTrust. In contrast to 2022’s downturn in payment company valuations and investing activity, the BillTrust deal is another example that meaningful and notable acquisitions are still happening.
A mid-sized investment firm, operating out of the UK, identified an opportunity in the payments sector in Africa.
So much for a quiet summer. Whilst many of us enjoyed some relaxing time on the beaches during the hot months, it appears that the M&A department of Global Payments put in some extra hours at their desks.