Advent International – Acquisition of Prisma Medios de Pago

Global private equity firm Advent International has purchased a majority stake in Prisma Medios de Pago from VISA International and a group of Argentinean banks. Based in Buenos Aires, Argentina, the Company has been valued at about $1,420m. Prisma is one of Latin America’s largest payments providers, providing point-of-sale rental, e-commerce gateway, transaction processing and other value-added services.