Private Equity
2 min read · 10 October 2017
1 min read · 09 October 2017
2 min read · 05 October 2017
2 min read · 04 October 2017
2 min read · 02 October 2017
1 min read · 27 September 2017
Novacap and Caisse de dépôt et placement du Québec have made an investment in Pivotal Payments, a Canadian provider of payment processing solutions and merchant services. The deal puts Pivotal at a $430 million valuation. FT Partners served as financial adviser to Pivotal on the transaction.
3 min read · 27 September 2017
Novacap has closed the largest technology deal in the firm’s 35-year history, teaming up with Caisse de dépôt et placement du Québec to back a payment processing company. Novacap and the Caisse today announced their investment in Pivotal Payments, a payment and merchant services specialist based in Montréal. The deal values the business at about $525 million. As a result, the two investors hold a majority stake in the company, Novacap President and Managing Partner Pascal Tremblay told PE Hub Canada. He added the deal nonetheless reflects a “true partnership” with management and especially Pivotal’s chief executive, Philip Fayer.
3 min read · 27 September 2017
1 min read · 26 September 2017
2 min read · 22 September 2017
