Strands Acquired by CRIF
04.06.20
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Simpson Thacher represented Strands, Inc. (“Strands”) in connection with its merger with a subsidiary of CRIF S.p.A. (“CRIF”), a global company specialized in credit bureau, business information, credit and open banking solutions.
Strands is a FinTech software company which develops AI-driven solutions for banks and financial institutions with its main operations in Spain. Strands creates customizable digital money management software for top-tier financial institutions worldwide.
The Simpson Thacher team included Todd Crider, Borja Marcos, Alejandro De Ramón-Laca and Raúl Vizcarra (M&A); and Nancy Mehlman and Sarah Katz (Tax).