Ingenico Next on Takeover Radar Amid Europe Fintech Frenzy
Private equity firms are setting their sights on French payments processor Ingenico Group SA as they scout the market for their next target among Europe’s hottest fintechs, according to people with knowledge of the matter. Potential suitors include CVC Capital Partners, Hellman & Friedman and Bain Capital, as well as rival fintech companies, they said. Ingenico shares rose as much as 7.7 percent to 80.60 euros in Paris on Tuesday.