(Reuters) – Wirecard North America Inc, a unit of German payments company Wirecard AG, has been sold to Syncapay Inc, a U.S. holding company focused on payment solutions, Wirecard’s insolvency administrator said on Thursday.
The deal is backed by private investment management firm Centerbridge Partners, which is making a majority equity investment in Syncapay, and existing Syncapay shareholders like Bain Capital Ventures and Silversmith Capital Partners, the statement added.
(Reporting by Kanishka Singh; Editing by Chris Reese)
