Nuvei Corporation completes the largest tech IPO in TSX history, valued at US$805M

Date Closed

September 22, 2020

Lead Office

Montréal

Value

805.00 Million USD

On September 22, 2020, Nuvei Corporation closed its US$805 million IPO, including the exercise of the over-allotment option. According to the TSX, Nuvei's IPO represents the largest technology IPO by both equity capital raised and market capitalization at the time of listing in TSX history.

The IPO was completed through a large syndicate of underwriters led by Goldman Sachs Canada Inc., Credit Suisse (Canada), Inc., BMO Nesbitt Burns Inc. and RBC Dominion Securities Inc.

Nuvei Corporation, based in Montreal, is a leading Canadian company in electronic payment processing.

McCarthy Tétrault advised the syndicate of underwriters with a team led by Clemens Mayr that included Vincent Laurin (Business).

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