Vista Equity buys TransFirst from WCAS

By Iris Dorbian — 1 year ago

Welsh, Carson, Anderson & Stowe has sold TransFirst to Vista Equity Partners. No financial terms were disclosed. Based in Hauppauge, NY, TransFirst is a provider of of payment tech solutions to merchants in the U.S.


Reuters: Welsh Carson pulls TransFirst sale on recap, WorldPay -sources

By Reuters News — 3 years ago

Buyout firm Welsh, Carson, Anderson & Stowe has ended talks on the sale of payment processing company TransFirst to pursue a dividend recapitalization, as potential buyers held out for combining it with a unit of private equity-owned peer WorldPay, sources said. Welsh Carson had hired investment boutique Financial Technology Partners to explore a sale of TransFirst, hoping to fetch between $1.3 billion and $1.5 billion in a sale, people familiar with the matter told Reuters in September.