Chicago Growth Partners Backs International Payments Business

Target: 2Checkout

Price: Undisclosed

Sponsor: Chicago Growth Partners

Seller: Founder Alan Homewood

Chicago Growth Partners seeks to build an international payments business by enabling micro-merchants to transact online across national borders, Devin Mathews, a managing partner, told Buyouts.

The firm has bought a controlling interest in 2Checkout, an e-commerce company in Columbus, Ohio, Mathews said. “E-commerce payments has been a deep focus of ours for a long time,” he said. Trident Capital, a Palo Alto, Calif., buyout shop ...

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