Deals
Evo Payments Said to Explore Sale That Could Fetch $2 Billion
- Payments processor backed by Madison Dearborn since 2013
- Evo said to be working with Deutsche Bank, JPMorgan on process
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Evo Payments International, the payments processor backed by Madison Dearborn Partners, is exploring a sale that could value the company at about $2 billion, people with knowledge of the matter said.
The Atlanta-based company is working with Deutsche Bank AG and JPMorgan Chase & Co. to explore strategic options, including a possible initial public offering, said the people, who asked not to be identified because the information is private.