Reports suggest the auction for credit card processing business Sia-Ssb, which is being run by Citigroup, has received six non-binding offers, with buyout houses Carlyle and Bridgepoint thought to be among the bidders.
Michael Holgate has been promoted to partner, while Andy Dyer is now a director
Axis Participaciones and Sofimac Innovation, through Pertinence Invest 2, also take part in the round
Acquisition of processing company, rebranded as Millhouse Berlin, is the GP's fourth deal of 2020
Sale ends a five-year holding period, during which Aurelius sold Mez's Italy-based subsidiary