Paya Holdings $245 million stock offering
We advised the underwriters on the SEC-registered equity offering
Davis Polk advised the representatives of the several underwriters in connection with the $245 million SEC-registered offering of 20,000,000 shares of common stock of Paya Holdings Inc., of which 10,000,000 shares of common stock were issued and sold by Paya and 10,000,000 shares of common stock were sold by GTCR-Ultra Holdings LLC. The shares of common stock are listed on the Nasdaq Capital Market under the symbol “PAYA.”
Based in Atlanta, Georgia, 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 Davis Polk corporate team included partners Derek Dostal and Byron B. Rooney and associates Gil Savir and Michael Jiang. The intellectual property and technology transactions team included partner Pritesh P. Shah and associate S. Dream Montgomery. The tax team included partner Po Sit and associate Benjamin Helfgott. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.