French private equity firm takes 90% stake in Galway-based Fintrax

Eurazeo will pay up to €335 million for the VAT refund firm

Fintrax is the number two player in the VAT refund market worldwide Pic: Pixabay
Fintrax is the number two player in the VAT refund market worldwide Pic: Pixabay

French private equity firm Eurazeo has said it will buy 90 per cent of Galway-based payments firm, Fintrax, paying up to €335 million for the stake.

Eurazeo said in a statement it would invest €300 million in Fintrax, based on an enterprise value ...