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Aug

09

Why Private Equity Is Betting on Your Online Shopping Habit

By Tony Seruga

Investors target businesses that enable web, mobile payments
Record cash piles push buyout firms into new technology

Private equity firms, sitting on record piles of cash, are targeting a geeky corner of the online shopping industry as the next frontier in the hunt for returns.

Payment-processing companies, which make the technology that enables web and mobile purchases, are getting a flurry of investments this year as buyers look for ways to profit from the shift to online spending…

Why Private Equity Is Betting on Your Online Shopping Habit

Categories : Private Equity

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