Madison Dearborn Invests in EVO Payments

By Luisa Beltran — 3 years ago

Madison Dearborn Partners has acquired a minority stake in EVO Payments and will fund the company’s international expansion and additional growth initiatives. Financial terms were not disclosed. EVO, a privately-held payments processor, acquired PowerPay in December and Deutsche Card Services in November. Dan Daul of William Blair & Co. provided financial advice to EVO.