ATLANTA – Troutman Pepper Locke represented Repay Holdings Corporation (REPAY), a leading provider of integrated payment processing solutions, in a definitive agreement to acquire Kubra Data Transfer Ltd. (KUBRA) for approximately $372 million. The acquisition will be financed with a combination of cash on hand and debt financing. For more information, see the press release.
KUBRA is a leading provider of bill payment and customer communication management solutions serving some of the largest utility and government entities, touching over 40 percent of households in the U.S. and Canada. The transaction strengthens two complementary, vertical-leading businesses by combining REPAY’s extensive payment expertise and technology platform with KUBRA’s attractive verticals, partnerships, and go-to-market approach.
The Troutman Pepper Locke team that advised REPAY was led by Brad Resweber, David Ghegan, Taylor Bartholomew, Jennifer Lisi, and Jenny Ji, with support from Tom Gray, Jeff Banish, Jim Schutz, Brent Hoard, Emily Schifter, Scott Grundei, Taylor Gess, and Justin Stalberg.
Consistently recognized as a top-tier practice, Troutman Pepper Locke’s corporate attorneys regularly handle middle market transactions for private equity clients alongside strategic deals for Fortune 100 corporations. Core areas of service include mergers and acquisitions, corporate finance, corporate governance, securities laws compliance, capital markets transactions, and other significant domestic and cross-border transactions, as well as general corporate counseling. The firm has a strong focus in the private equity and private fund services space, advising clients on matters including fund formation, growth equity investments, leveraged buyouts, recapitalizations, and exit transactions.
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