Fasken acted on behalf of Nuvei in connection with this transaction.
On June 7, 2021, Nuvei Corp. (TSE:NVEI), the global payment technology partner of thriving brands, closed the previously announced secondary offering on a bought deal basis of an aggregate of 7,165,378 subordinate voting shares of the Company at a purchase price of US$69.78 per subordinate voting share. The total gross proceeds to the selling shareholders represents approximately US$500 million.
Under the previously announced agreement, funds managed by Novacap, Whiskey Papa Fox, a holding company controlled by Philip Fayer, our Chair and Chief Executive Officer, CDP Investissements, a wholly-owned subsidiary of Caisse de dépôt et placement du Québec, certain members of management and Nuvei had entered into an agreement with Goldman Sachs Canada, Credit Suisse, Scotiabank and National Bank Financial to complete this secondary offering on a bought deal basis.
Nuvei Corporation, based in Montreal, is an electronic payment processing company.
The Fasken team comprised of Caitlin Rose (Picture), Guillaume Saliah, Paul Khoury, Alexandra Freedman and Gemma Caprio
Law Firms: Fasken Martineau;
Clients: Nuvei Corporation;