Motive Partners, the fintech-focused private equity firm, is in talks to buy payments-software provider ACI Worldwide Inc., according to people familiar with the matter.
Motive has been seeking financing in recent weeks for a potential deal for ACI, said the people, who asked to not be identified because the matter isn’t public. No deal has been finalized and it’s possible that discussions could fall through, especially given the recent volatility in the banking and finance markets, the people added. ACI could also opt to sell to a different party.
