Warburg Pincus owns 25.1% of Metavante Technologies

By Lisa Kerner

Charlotte, N.C., March 4 - Warburg Pincus Partners, LLC affiliate WPM, LP purchased 31,154 shares of Metavante Technologies, Inc. common stock on March 3 for $502,837.07.

The purchase was made under a stock purchase right agreement, it was reported in a schedule 13D filing with the Securities and Exchange Commission.

Warburg Pincus beneficially owns some 29.76 million shares, or 25.1%, of the company's outstanding stock.

Milwaukee-based Metavante delivers banking and payments technologies to financial services firms and businesses.

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