Nuvei $805 million IPO
Davis Polk advised Nuvei Corporation in connection with 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.
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 included partners Byron B. Rooney 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. Members of the Davis Polk team are based in the Washington DC and New York offices.