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Paysafe CVC Capital Partners and Blackstone: A $3.9 Billion Deal

7 Aug 2017

Paysafe CVC Capital PartnersPaysafe is probably the most popular transaction way among online bettors. The payment firm that also runs the famous e-wallets Skrill & Neteller as well as the Paysafecard, is getting even bigger by signing a great deal worth $3.9 billion with  investment firms CVC Capital Partners & Blackstone.

Paysafe to Enter the Big Markets

It has to be mentioned that the deal will have to be approved by many regulators all over the world, such as the UK, The European Union and US authorities.

If successful, the agreement will enter into force in the fourth quarter of 2017.

Chairman of Paysafe Dennis Jones, said: “Paysafe has been on a remarkable journey, undergoing significant transformation and generating substantial shareholder value”.

It is true that there have been several acquisitions in payments sector, with a supposed rumour about Worldpay being the target of a takeover by US based firmVantiv for £7.7 billion.

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