PayRetailers appoints Patrick Lemay as Head of Corporate Development
PayRetailers, the leading payment processor for Latin America and Africa, today announced the appointment of Patrick Lemay as Head of Corporate Development.
With over 16 years of experience across fintech, financial services, and payments, Patrick brings valuable expertise to PayRetailers’ corporate development team. Throughout his career, Patrick has managed high-profile projects in both the private and public sectors. His expertise includes building a global M&A team of specialists and successfully completing over 25 major transactions, totaling over $3 billion in buy-side and sell-side deals, divestitures, and integrations.
Patrick’s notable accomplishments include leading significant acquisitions in the payments sector across Latin America, playing an integral role in the $4.8 billion go-private transaction with CVC and Blackstone, and navigating the company’s public listing on the NYSE through a prominent SPAC merger.
Juan Pablo Jutgla, CEO at PayRetailers, said: “I am delighted to welcome Patrick to PayRetailers. His background and experience will undoubtedly assist us as we expand our operations beyond Latin America and Africa. Patrick’s industry insights will be invaluable as we navigate our next chapter of growth. As we focus on geographic expansion and broaden our product and service offerings, we will also actively pursue inorganic growth opportunities. Our strategy includes not only expanding into new regions, but also increasing our payment options and deepening our relationships with industries we already serve.”
Patrick Lemay added: “PayRetailers is an organisation that lives and breathes the dynamic, entrepreneurial and innovative spirit that’s crucial to future success in our sector. I am excited to join the organisation at this stage of its story. There is a clear opportunity of replicating its success in LATAM in other regions of the world. As we expand into new markets, we will be looking to capitalise on our existing investments while actively seeking strategic acquisitions that will propel PayRetailers into a leading online global payments company.”