Welsh, Carson completes 820 mln euro sale of GlobalCollect

Welsh, Carson, Anderson & Stowe has completed the sale of portfolio company online payments company GlobalCollect for 820 million euros to Ingenico Group. Welsh Carson bought GlobalCollect in May 2010. The sale generated proceeds of about $815 million, which will be distributed to partners. The firm distributed about $160 million after a debt recapitalization of GlobalCollect.

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