Weil, Gotshal & Manges and Hogan Lovells have taken key roles as Advent International and Bain Capital Private Equity have agreed to purchase Concardis for a reported $745m.
The acquisition of the German firm is the latest in a run of purchases of payment providers including Worldpay. Concardis’ transaction volume grew 20% in the past two years from €35.2bn to €41.9bn.
