Arcapita and Dgpays Acquire Majority Stake in NEOPAY from Mashreq

Long Arc Capital Takes Majority Stake in TagPay

January 5, 2021

Software

New York City-based private equity firm Long Arc Capital invested €25 million to take a majority stake in French core-banking software provider TagPay. Co-founders Yves Eonnet and Hervé Manceron will remain in leadership, Société Générale remains a minority shareholder, and the capital will be used to grow sales, product and technical teams and expand TagPay’s customer base.

Arcapita and Mumtalakat Sell Stake in NAS Neuron Health Services to Undisclosed U.S. Fortune 500 Company

August 17, 2020

Healthcare Services

Arcapita Group Holdings and Bahrain Mumtalakat Holding Company have sold their equity stakes in NAS Neuron Health Services L.L.C., a leading GCC third‑party administrator (TPA) for medical claims, to an undisclosed U.S.-based Fortune 500 company. The sale represents an investor exit after a three-year holding period during which the consortium supported NAS Neuron's organic and inorganic growth and technology rollout.

Arcapita ARC Fintech Portfolio Makes Minority Investments in Five Global Fintech Companies

February 15, 2022

Payments & Fintech

Arcapita Group Holdings launched the ARC Fintech Portfolio and invested minority stakes in five high-growth fintech companies across the United States, United Kingdom, European Union, Brazil and the Nordic region. The diversified portfolio is valued in aggregate at more than $4 billion and was pursued via co-investments with other international institutional investors to provide clients diversified fintech exposure.

Corpay Acquires GPS Capital Markets

June 19, 2024

Payments & Fintech

Corpay, Inc. (NYSE: CPAY) has completed the acquisition of GPS Capital Markets, LLC, a business-to-business cross-border payments and treasury management provider. The deal expands Corpay's cross-border capabilities, adds FX netting technology and specialist teams, and will increase the company's corporate payments revenue and customer reach while Corpay also completed the divestiture of Comdata Merchant POS Solutions to PDI Technologies.

Arcapita Acquires The DataFlow Group

September 4, 2023

Professional Services

Arcapita Group Holdings Limited has acquired The DataFlow Group (DataFlow Verification Services Limited) from EQT Private Equity. DataFlow is a leading provider of regulation-mandated pre-employment primary source verification services in the GCC with more than 850 employees across nine countries; Arcapita said the acquisition supports its strategy to build technology-enabled, asset-light business services and drive growth across the GCC and beyond.

Versapay Acquires DadeSystems

April 18, 2022

Cloud & SaaS

Versapay has completed the acquisition of U.S.-based fintech DadeSystems, integrating DadePay cash-application technology into its Collaborative AR platform to broaden AR automation and AI/ML capabilities. Ten Coves Capital rolled its stake into Great Hill Partners-backed Versapay, with both Great Hill Partners and Ten Coves contributing additional capital to fund the transaction and support expansion into enterprise and upper mid-market customers.