Nuvei Finalizes Deal to Acquire SafeCharge International
Posted on 08/21/2019
On August 14, 2019, Canadian private equity firm Novacap revealed that its portfolio company Nuvei, a Montreal-based payment technology company, has completed the acquisition of SafeCharge International Group Limited for US$ 889 million. SafeCharge provides global omni-channel payments services from card acquiring and issuing to payment processing and checkout. SafeCharge was taken private from the AIM stock exchange in London. Novacap and Caisse de dépôt et placement du Québec (CDPQ) provided the financial firepower for Nuvei to complete the acquisition.