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Goldfinch Partners and Baupost Announce Initial Closing of Acquisition of Western Union Business Solutions

March 1, 2022
LONDON & SEATTLE--(BUSINESS WIRE)--Goldfinch Partners LLC and The Baupost Group, LLC announced they reached a major milestone today with its initial closing in the acquisition of Western Union Business Solutions (WUBS) for $910 million. WUBS, which will be renamed Convera as a new standalone B2B global payments company, had a record 2021 with over 20 percent revenue growth and payments volume of $170 billion. Patrick Gauthier, who was most recently the Global Head of Amazon Pay, will serve as Convera’s CEO.

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Goldfinch Partners Continues Growth of its Investment Team with the Addition of Bianca Tomkoria and Billy Leung

February 25, 2022
Goldfinch Partners, a private equity firm with approximately $1 billion of equity invested in digital transformation transactions across industry verticals, today announced the continued growth of its Investment Team with the addition of Bianca Tomkoria as Vice President and Billy Leung as Senior Associate.

Goldfinch Partners Names Seasoned Business Executive William Abbott as Principal

November 18, 2021
Goldfinch Partners, a private equity firm with approximately $1 billion of equity invested in digital transformation transactions across industry verticals, today announced that William Abbott is joining the firm as Principal.

Goldfinch Partners Names Veteran M&A Lawyer Matthew F. Herman as Partner and General Counsel

October 28, 2021
SEATTLE - Goldfinch Partners, a private equity firm with approximately $1 billion of equity invested in digital transformation transactions across industry verticals, today announced that Matthew F. Herman will join as a Partner of the Firm and General Counsel in November 2021.

Goldfinch Partners Announces $910MM Carve-out of Western Union Business Solutions and Launch of Convera

August 12, 2021
Fintech veteran Patrick Gauthier joins as future CEO along with additional senior executives Launch of Convera follows announced acquisition of B2B payments and foreign exchange solutions division of Western Union for $910 million by Goldfinch Partners and The Baupost Group.

Bakkt Announces $532MM Investment and Merger with SPAC

January 11, 2021
Gavin Michael, former head of technology of Citi’s Global Consumer Bank, joins Bakkt as CEO Bakkt investors will roll their equity into the combined company, with Intercontinental Exchange contributing an additional $50 million in capital.

Vesta Secures $125MM Investment From Goldfinch Partners

May 28, 2020
Private equity firm acquires fintech player, Vesta New capital will enable the company to accelerate global expansion in telco and e-commerce payments fraud protection, new product development and deployment

Bakkt Completes $300MM Series B Financing

March 16, 2020
Bakkt launched two years ago with the vision of building trust in and unlocking the value of digital assets for institutions and consumers alike. Since then, we have been focused on delivering that vision. In 2019 we helped launch the first end-to-end regulated market for bitcoin and an institutional bitcoin custody offering too.

Catalant Raises $35MM in Series E Financing

January 22, 2020
Catalant Technologies today announced the close of $35 million of additional funding from its Series E equity round and expansion of its existing debt facility to scale its product offering and expand into new global markets.