William Blair ‘s Dan Daul and Jamie Hamilton, managing directors on the technology investment banking team, were quoted in PEHub where they discussed M&A activity and private equity’s interest in companies in the payments sector.
While a niche subsector of the broader tech industry, Daul and Hamilton explained that payments providers offer many of the same attractive qualities – recurring revenue, lasting relationships with customers, and durability through economic cycles – that attract private equity to other tech companies.