trending Market Intelligence /marketintelligence/en/news-insights/trending/YiUYJBbYwOvg79P5mpJWJA2 content esgSubNav
In This List

EVO Payments to offer class A common shares

Blog

Fintech Intelligence Digital Newsletter: May 2021

Podcast

Street Talk Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

Street Talk – Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

Fintech Intelligence Digital Newsletter: April 2021


EVO Payments to offer class A common shares

EVO Payments Inc. intends to sell 4 million shares of its class A common stock in an underwritten offering.

The company plans to use the net proceeds from the offering to purchase limited liability company interests in EVO Investco LLC and an equivalent number of EVO Payments class B common shares from Blueapple Inc. The net proceeds will also be used to acquire LLC interests in EVO Investco and an equivalent number of EVO Payments class D common shares from entities affiliated with Madison Dearborn Partners LLC.

BofA Merrill Lynch and Barclays are acting as the joint underwriters for the proposed offering, according to a news release.