Parthenon Capital Acquires Global Payments' Gaming Division to Form Pavilion Payments
April 3, 2023
Parthenon Capital has acquired the gaming division of Global Payments Inc., transitioning Global Payments Gaming Solutions into an independent company renamed Pavilion Payments. The carve-out will be headquartered in Las Vegas and Parthenon intends to grow the business organically and via acquisitions while Global Payments remains a long-term technology partner.
- Buyers
- Parthenon Capital
- Targets
- Global Payments Gaming Solutions (now Pavilion Payments)
- Sellers
- Global Payments Inc.
- Industry
- Payments & Fintech
- Location
- Nevada, United States
- Transaction Type
- Divestiture
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