Clairvest puts Kubra on the block
Canadian online payment processor Kubra, which is backed by private equity firm Clairvest Group, is up for sale, five sources told peHUB. Kubra, of Mississauga, Ontario, is a payment processor for utilities and companies in the insurance, financial services and healthcare sectors. First round bids for the company, which could sell for US$500 million, are due in June, sources said.
16 May 2014•1 min read
