Bain, Advent Pour $311 Million into WorldPay

The private equity owners of U.K.-based payment processing company WorldPay will pour 200 million pounds ($311 million) into the company, adding 250 new jobs, Reuters reported. The Royal Bank of Scotland sold all but 20% of the company to Advent International and Bain Capital in a buyout that closed on Wednesday. The two firms aim to beef up the company’s management team and add the new jobs over the next six months, Reuters said.

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