BluePay final bids due in October; GTCR drops out


BluePay Processing, TA Associates, private equity, merger, M&A
  • TA acquired BluePay in 2013 for more than $200 mln
  • TA’s sale of BluePay began in June
  • BluePay expected to fetch $700 mln to $800 mln
Final bids for BluePay Processing have been pushed to early October, according to two sources. Offers for the Naperville, Illinois, payment-processing-services provider had been expected in September but were pushed back, one of the sources, a banker, said. The BluePay ...

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