By Sophie Sassard and Greg Roumeliotis
LONDON/NEW YORK (Reuters) - Europe's number 2 card payment processor Nets has hired JP Morgan
Suitors could include private equity firms such as Advent and Bain, which acquired payment firm WorldPay from RBS in 2010, as well as French IT company Atos
Card payment services are seen as an attractive business for private equity firms as they offer steady cash flows and are not affected by economic cycles, the sources said.
Privately held Nets, which counts Nordea Bank
Nets currently handles 33 million payment cards every year. It had 2012 revenues of 5962 million Danish Krone or 800 million euros and net profits of 682 million Danish Krone or 91.5 million euros.
Nets, JPM and Advent declined to comment while Bain and Atos were not immediately available for comment.
(Reporting by Sophie Sassard and Greg Roumeliotis; Editing by Elaine Hardcastle and Sophie Walker)