Motive Partners Acquires Majority Interest of Fiserv Investment Services Business
February 21, 20206 min
Motive Partners, a specialist private equity firm focused on technology-enabled business and financial services companies, today announced the closing of its previously announced transaction with Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, under which Motive Partners has acquired a majority interest in the Investment Services business of Fiserv. Fiserv retained a 40% equity interest in the business. Effective immediately, Investment Services, a former business unit of Fiserv, will...