PAYA SPECIAL ALERT: Julie & Holleman Investigates Potential Legal Claims Related to Acquisition of Paya Holdings Inc.

NEW YORK, Jan. 9, 2023 /PRNewswire/ -- Shareholder rights law firm Julie & Holleman is investigating the proposed $1.3 billion acquisition of Paya Holdings Inc. (Nasdaq: PAYA) by Nuvei Corporation. The deal was announced on January 9, 2023, offers Paya shareholders just $9.75 per share, and is expected to close by the end of the first quarter of 2023.

To learn more about the investigation, click here. There is no cost of obligation to you.

Paya is a leading provider of integrated payment and frictionless commerce solutions that help customers accept and make payments, expedite receipt of money, and increase operating efficiencies. The company was initially founded in 2006 as Sage Payment Solutions, and in 2017 it was acquired by GTCR, a Chicago-based private equity firm. The company went public in 2020 through a de-SPAC transaction with a blank check company. Since going public, GTCR has remained Paya's largest shareholder, currently owning 34% of the company's stock.

Julie & Holleman is investigating potential legal claims available to Paya's shareholders regarding the proposed acquisition, including potential conflicts of interest arising out of GTCR's status the company's largest shareholder. Julie & Holleman is also investigating claims related to whether the $9.75 per share deal price is adequate. In its most recent earnings release, Paya reported substantial increases in payment volume, revenue, adjusted EBITDA, and numerous other relevant financial metrics.

If you would like more information about Julie & Holleman's investigation, or about the acquisition in general, please contact W. Scott Holleman by email at [email protected] or by telephone at (929) 415-1020. You may also visit the firm's website by clicking here. There is no cost or obligation to you.

Julie & Holleman is a boutique law firm that focuses on shareholder litigation, including derivative actions, mergers and acquisitions cases, securities fraud class actions, and corporate investigations. The firm's attorneys litigate in state and federal courts across the nation. For more information about the firm, please visit https://www.julieholleman.com/. This notice may constitute attorney advertising.

SOURCE Julie & Holleman LLP