Moneris Acquired by Francisco Partners for C$2 Billion
Francisco Partners is acquiring Canadian commerce solutions provider Moneris from Bank of Montreal and Royal Bank of Canada for approximately C$2 billion. The deal includes long-term referral agreements with BMO and RBC, aiming to advance Canadian commerce.
The acquisition of Moneris by Francisco Partners, with ongoing referral agreements from and , suggests potential for continued stability and growth in Canadian payment solutions, benefiting related financial entities.