Lending Banks Line Up $9.4 Billion of Debt for GTCR’s Worldpay TakeoverIt’s the largest buyout financing since Wall Street agreed to lend $13 billion to help fund Elon Musk’s takeover of Twitter last year. July 7, 2023
Technology FIS Slides on $17.6B Writedown, Merchant-Unit SpinoffThe company has lost 42 percent of their value in the past year, compared with the 9.5 percent slump in the S&P 500 Information Technology Index. February 13, 2023
Clearlake and Motive-Backed BetaNXT Hires SmithBetaNXT has hired Peter Smith as chief financial officer. February 13, 2023
Private Equity Watch Marqeta Listing for Latest Test of Financial Payments FrothCash infusion could mint a new buyer, joining FIS and Fiserv. May 18, 2021
Financial services Payment Tech Parlay: SPAC IPOs, Big Deals AboundNCR is buying Cardtronics for $2.5B. Visa and Mastercard are making deals. February 10, 2021
Investment Banking The weekly wrap: FIS, Janney, Peak RockFIS buys Worldpay. Janney Montgomery Scott purchases FIG Partners. Peak Rock acquires Turkey Hill. March 22, 2019
Private Equity CD&R’s purchase of Capco driven by demand for mobile bankingCD&R recently backed toothbrush company Dr. Fresh and wheelchair manufacturer Drive DeVilbliss. May 23, 2017