Corsair-backed trevipay completes global receivables securitization and sale of non-core business unit

New york--(business wire)--corsair, a leading private equity firm targeting services, software, and payments investments in the financial services ecosystem, today announced that its portfolio company trevipay (the “company”), a leading b2b payments business, has closed its first global receivables securitization, replacing $175 million of on-balance sheet asset-backed loans (abl) with a growth-oriented and operationally flexible $230 million off-balance sheet (obl) securitization. corsair also
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