Tag: CVC Capital Partners

OANDA teams up with AdvantageGo
February 20, 2019 BY Valentina Kirilova

OANDA teams up with AdvantageGo

OANDA has teamed up with commercial insurance software provider AdvantageGo. The partnership aims to provide real-time foreign exchange rate data through AdvantageGo's Microservices architecture, helping insurers and reinsurers assess policy risk more accurately and efficiently. AdvantageGo’s Currency Services will be powered by OANDA’s Exchange Rates API, providing clients with easy access to exchange rates for…

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Oanda acquired CVC
May 02, 2018 BY LeapRate Staff

Forex broker OANDA acquired by private equity firm CVC

Private equity firm CVC Capital has made another acquisition in the online space. Several months after partnering with Blackstone in the $4 billion buyout of online payments specialist Paysafe, CVC has acquired retail FX broker OANDA. The price and other terms of this deal, however, were not announced. The press release follows: CVC Capital Partners…

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paysafe skrill neteller buyout
December 18, 2017 BY LeapRate Staff

Skrill and NETELLER parent Paysafe gets final regulatory approval for $4 billion Blackstone and CVC buyout

Payments services company Paysafe Group Plc (LON:PAYS) has announced that it has received final regulatory approvals necessary to move forward with its £2.96 (USD $4.0 billion) buyout by private equity fund groups Blackstone Group LP (NYSE:BX) and CVC Capital Partners. Barring any last minute unforeseen obstacles, the Blackstone-CVC buyout of Paysafe will close this Wednesday, December…

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paysafe skrill neteller buyout
August 05, 2017 BY LeapRate Staff

Skrill and NETELLER go private: Paysafe agrees to $3.9 billion buyout offer from Blackstone and CVC

Continuing the rapid consolidation and M&A activity sweeping the online payments business, the board of Paysafe Group Plc (LON:PAYS) has decided to recommend a £2.96 billion (USD $3.9 billion) buyout of the company by private equity fund groups Blackstone Group LP (NYSE:BX) and CVC Capital Partners. The Paysafe Board was initially approached by the consortium in early…

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December 14, 2015 BY LeapRate Staff

Paysafe shares drop 9% as CVC and Investcorp sell their stake in the company

Paysafe Group Plc (LON:PAYS) saw its shares plummet 9% on Friday, as two of its major shareholders exited their investment in the payment services company. Private investment firms CVC Capital Partners and Investcorp Technology Partners announced late Thursday their intention to sell their entire 7.3% stake in Paysafe, comprising 35.1 million Paysafe shares. The shares were to be…

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