Simpson Thacher Represents JPMorgan as Financial Advisor to the Board of Directors of Merchant e-Solutions in $670 Million Sale to Cielo
07.02.12
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Simpson Thacher represented JPMorgan as financial advisor to the Board of Directors of Merchant eSolutions, Inc. in connection with Cielo S.A.’s agreement to acquire Merchant eSolutions for $670 million. The transaction is subject to the satisfaction of certain closing conditions.
Founded in 2000, Merchant e-Solutions is a US-based provider of full-service global payment solutions, offering a comprehensive suite of solutions in traditional merchant acquiring as well as e-commerce and mobile payments. Cielo S.A. of Brazil is Latin America's leader in electronic payment solutions. It is responsible for acquiring merchants and for the capture, transmission, processing and settlement of transactions made with credit cards and debit cards in Brazil.
The Simpson Thacher team includes Rob Spatt and John Wang.