Kirkland & Ellis is advising private equity firm Advent International on its proposed $6.3 billion acquisition of Canada-based global payments processor Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI). The transaction was announced April 1, 2024. Under the terms of the definitive agreement, shareholders will receive US$34.00 per share in cash. Canadian shareholders Philip Fayer, Novacap and CDPQ will indirectly own or control approximately 24%, 18% and 12%, respectively, of the equity in the resulting private company as part of the agreement. The transaction is expected to close in late 2024 or the first quarter of 2025 subject to regulatory approvals. Read the transaction press release The Kirkland team is being led by corporate partners Will Boothby and Frances Dales and debt finance partners Jay Ptashek and Conor O’Muiri.