Private equity firms buy stake in India’s Yes Bank as part of $1.1bn capital raise
Carlyle Group and Advent International have both agreed to acquire up to a 10% stake in the bank.
Advent International
Advent International acquires European paytech Mangopay, invests €75m
French banking group Crédit Mutuel Arkéa will remain a minority shareholder in the firm.
Advent acquires revenue management firm TSG
TSG provides business management software and integrated payments.
Advent International takes majority stake in Prisma Medios de Pago
The Argentinian payments giant covers a big market in the region.
Private equity firms to buy German payments provider Concardis from local banks
Advent International and Bain Capital Private Equity have signed a definitive agreement to acquire Concardis, a German payment services provider currently owned by local banks. It is understood the price tag is around €700 million.
