Nuvei Corp. to Go Private in $6.3 Billion Deal with Advent International

The transaction, supported by major shareholders and requiring regulatory approval, is expected to close by early 2025.

Nuvei Corp. has signed an agreement with Advent International, alongside existing Canadian shareholders, to be taken private in a deal valuing the company at $6.3 billion.
Shareholders of Nuvei will receive $34 per share in cash, marking a significant step in the company's growth and future prospects.
The deal is backed by actor Ryan Reynolds among others, and is one of the more sizable take-private transactions in recent times.
Nuvei's partnership with companies like Adobe and Microsoft Corp. highlights its strong position in the global payments technology sector.
The transaction, expected to close in late 2024 or the first quarter of 2025, requires shareholder and regulatory approvals.