October 18, 2016Blog Posts

Private equity loses to Vantiv in Moneris U.S. auction: sources

PE Hub:

  • Blackstone, Genstar, North American Bancard made final bids for Moneri U.S.: sources
  • Vantiv acquired Mercury Payment Systems in 2014 for $1.65 bln
  • RBC, BMO advised on Moneris U.S. auction
  • Vantiv Inc has beat out private equity to emerge a winner in the Moneris U.S. auction, three sources familiar with the transaction said. Blackstone Group and Genstar Capital made final bids for Moneris U.S., Buyouts reported earlier this month

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