Nuvei Corporation’s $805 Million Initial Public Offering

Davis Polk and Fasken advised Nuvei Corporation in the offering. McCarthy Tétrault advised the syndicate of underwriters.

Nuvei Corporation executed its initial public offering of 30,961,539 subordinate voting shares for an aggregate amount of approximately $805 million. The subordinate voting shares trade on the Toronto Stock Exchange. Subordinate voting shares sold to U.S. investors were sold in a private placement in the United States in accordance with Rule 144A.

The IPO was completed through a large syndicate of underwriters led by Goldman Sachs Canada Inc., Credit Suisse (Canada), Inc., BMO Nesbitt Burns Inc. and RBC Dominion Securities Inc.

Nuvei is a global provider of payment technology solutions to merchants and partners in North America, Europe, Asia Pacific and Latin America.

The Davis Polk corporate team advising Nuvei included partners Byron B. Rooney (Picture) and Marcel Fausten and associates Hillary A. Coleman and David Giron. The financial institutions team included partner Jai R. Massari and associate Ryan Johansen. The tax team included partner William A. Curran and associates Elina Khodorkovsky. Partner Robert A. Cohen provided data privacy advice. Counsel Daniel F. Forester provided intellectual property advice.

The Fasken team comprised of Caitlin Rose, Jean Michel Lapierre, Guillaume Saliah, Matthew Quadrini, Alexandra Lazar, Marie-Christine Valois, Alexandra Freedman, Paul Khoury, Gemma Caprio, Alain Ranger, Michel Boislard, Nicolas Faucher, Neil Kravitz, Elise Renaud, Carolina Fusco, Andrea Kruyne and Ursula Romatowska.

McCarthy Tétrault advised the syndicate of underwriters with a team led by Clemens Mayr and that included Vincent Laurin (Business).

Involved fees earner: Robert Cohen – Davis Polk & Wardwell; Hillary Coleman – Davis Polk & Wardwell; William Curran – Davis Polk & Wardwell; Marcel Fausten – Davis Polk & Wardwell; Daniel Forester – Davis Polk & Wardwell; David Giron – Davis Polk & Wardwell; Ryan Johansen – Davis Polk & Wardwell; Elina Khodorkovsky – Davis Polk & Wardwell; Jai Massari – Davis Polk & Wardwell; Byron Rooney – Davis Polk & Wardwell; Michel Boislard – Fasken Martineau; Gemma Caprio – Fasken Martineau; Nicolas Faucher – Fasken Martineau; Alexandra Freedman – Fasken Martineau; Carolina Fusco – Fasken Martineau; Paul Khoury – Fasken Martineau; Neil Kravitz – Fasken Martineau; Jean Michel Lapierre – Fasken Martineau; Alexandra Lazar – Fasken Martineau; Matthew Quadrini – Fasken Martineau; Alain Ranger – Fasken Martineau; Élise Renaud – Fasken Martineau; Caitlin Rose – Fasken Martineau; Guillaume Saliah – Fasken Martineau; Marie-Christine Valois – Fasken Martineau; Vincent Laurin – McCarthy Tétrault; Clemens Mayr – McCarthy Tétrault;

Law Firms: Davis Polk & Wardwell; Fasken Martineau; McCarthy Tétrault;

Clients: BMO Nesbitt Burns Inc; Credit Suisse; Goldman Sachs; Nuvei Corporation; RBC Dominion Securities Inc.;

Sonia Carcano

Author: Sonia Carcano