M&A · Industrials · Services-Business Services, NEC
Nuvei to acquire Payoneer Global Inc.
Announced Jun 15, 2026 · Pending Jul 31, 2026
Deal value$2.75BEV $2.41B
Premium44.0%To unaffected price
EV / Adj. EBITDA8.8x2.3x EV / Revenue
ConsiderationAll cash$7.40 per share
Transaction
- Acquirer
- Nuvei
- Target
- Payoneer Global Inc. (PAYO)
- Buyer type
- Strategic
- Offer price per share
- $7.40
- Enterprise value
- $2.41B
- Status
- Pending Jul 31, 2026
Deal protections
- Break fee (target pays)
- $89.0M · 3.2%
- Reverse fee (buyer pays)
- $165M · 6.0%
- Go-shop
- No-shop
- Financing
- No financing condition
Advisors
- To the acquirer
- Goldman Sachs
- To the target
- Qatalyst
Sector context · Industrials
- Comparable deals
- 98 in the prior 24 months
- Premium
- 44.0% vs. 34.0% sector median
- EV / Adj. EBITDA
- 8.8x vs. 11.1x sector median
- Break fee
- 3.2% vs. 2.8% sector median
Timeline
- AnnouncedJun 15, 2026
- Proxy filedJul 31, 2026
- Definitive proxyAug 11, 2026
- Shareholder votePending
- ClosedPending
Valuation · fairness opinions
Discounted cash flow$6.32$9.84
Discounted cash flow$5.10$7.59
Discounted cash flow$4.83$7.17
Discounted cash flow$7.30$10.47
Offer $7.40
Implied value per Payoneer Global Inc. share by analysis, from Qatalyst.