One of the most successful private equity firms in the payment and fintech industries over the last 14 years has been Advent International. Since 2008, Advent has invested $6.50 billion in 17 companies including Vantiv, Worldpay, Nets and Nexi. Advent’s most recent project involves Planet, in which it invested in October 2021. By the end of 2021, Advent had also purchased three business management software firms, Proximus, Protel Hotelsoftware and Hoist, as well as ecommerce payment gateway Datatrans, with the aim of combining those front-end assets with Planet’s back-end processing to ...