FT Advisors acts as exclusive strategic advisor to Helios Investment Partners LLP on their acquisition of a two-thirds stake in InterSwitch Limited. (December 2010)
London based specialist advisory firm FT Advisors Limited is pleased to announce a milestone transaction in the payments processing sector in Africa, serving as strategic advisor to Helios Investment Partners on their acquisition of a two-thirds stake in InterSwitch Limited.
FT Advisors acts as strategic advisor to Abraaj Capital on their 49 per cent investment in Network International LLC. (December 2010)
London based specialist advisory firm FT Advisors Limited is pleased to announce a landmark transaction in the payments processing sector, serving as strategic advisor to Abraaj Capital on their strategic partnership with Network International LLC, whereby Abraaj Capital will acquire a 49 per cent stake in Network International LLC from Emirates NBD.
Network International LLC, the leading independent payment solutions provider in the Middle East and Africa region and Abraaj Capital, the largest private equity group in the Middle East, North Africa and South Asia (MENASA) region, announced today the signing of a partnership agreement to enhance Network International’s strong growth and accelerate the geographic expansion of the company’s market-leading payments processing platform. Under the terms of this agreement, Abraaj Capital through Abraaj Financial Technologies Holdings Limited will acquire a 49 per cent stake in Network International for a price of around AED 2 billion (USD 539 million), which includes a sum contingent upon attainment of profitability targets and a portion financed by Emirates NBD as is normal in such transactions.
FT Advisors acts as strategic advisor to Bain and Advent on their acquisition of a majority stake in WorldPay, the payment processing business of RBS. (August 2010)
London based specialist advisory firm FT Advisors Limited is pleased to announce a landmark transaction in the payments processing sector, serving as strategic advisors to Bain Capital and Advent International on their acquisition of a majority stake in RBS WorldPay, the payment processing business of The Royal Bank of Scotland (RBS).
Bain and Advent, both leading global private equity firms, have today signed an agreement with The Royal Bank of Scotland Group plc (RBSG) to acquire 80.01% in its subsidiary business, RBS WorldPay, for an enterprise value of around £2 billion including a £200 million contingent consideration. RBS will hold 19.9% of the new WorldPay business.
RBS WorldPay, also known as RBS Global Merchant Services, is the fourth largest provider of card payment services globally and the largest in the UK and Europe. In 2009, the business processed a total of 6.8 billion transactions worldwide with a value of £243 billion. The business is headquartered in London.
FT Advisors acts as exclusive advisor to ODL Group Limited on its sale to FXCM Holdings LLC (May 2010)
ODL Group Limited (“ODL”) is a leading, independent forex, derivatives, equities and commodities broker. FXCM Holdings LLC (“FXCM”) is a leading global forex broker that caters to both retail and institutional markets.
ODL’s strong UK and European businesses will provide an excellent complement to FXCM’s sizeable operations in both the United States and Asia. The combined companies will operate as one of the largest non-bank forex brokers globally servicing over 200,000 live trading accounts with combined client assets in excess of US$800 million.