PRESS RELEASE PAGO FACIL – JUNIO 2021
Hernández & Cía. Abogados advised EVO Payments Inc, a leading payments technology and technology services company with global reach, in the regional acquisition -jointly with Pagos y Servicios S.A.- of the “Pago Fácil” business, an electronic payment platform operating in Chile and Peru.
Hernández & Cía. Abogados’ advice included the execution of a legal due diligence to the company Servicios de Tecnología y Financieros Pago Fácil S.A.C., Peruvian subsidiary of PST Pago Fácil SpA (Chile), which carries out activities related to the creation, development, distribution and commercialization of online payment software and technological platforms, among others. Likewise, our firm also participated in the review of the transactional documentation, in order to propose adequate provisions in relation to Peruvian law.
EVO Payments Inc. is a global leader in card payment solutions for all types of businesses, from small and medium-sized enterprises to large corporations and is among the largest merchant acquirers and fully integrated payment processors in the world.
This transaction is EVO Payments Inc.’s first investment in Peru, which together with the acquisition of the Chilean parent company will strengthen the company’s position in the Latin American technology market.
NAME OF CLIENT:
EVO Payments Inc.
Hernández & Cía. Abogados advised Hernández & Cía. Abogados advised EVO Payments Inc. in the regional acquisition of the “Pago Fácil” business, an electronic commerce payment platform operating in Chile and Peru.
Hernández & Cía Abogados (Legal advisor of EVO Payments Inc. in Peru)
Partner: Juan Luis Hernández
Partner: Sandro Cogorno Falcone
Senior Associate: Verónica Balta Velarde
Morales & Besa (International legal advisor of EVO Payments Inc. in Chile)
Partner: Eugenio Besa
José Manuel Llamazales
María Luisa Portales
Other legal advisors reprenting the Sellers and Pagos y Servicios S.A. in Chile.