Firm News December 8, 2021
Troutman Pepper Advises Payroc in Strategic Combination with Dynamics Payments
Troutman Pepper client Payroc World Access, LLC, a global payments leader, has announced a strategic combination with Dynamics Payments, a leading provider of electronic payment processing solutions with extensive operations in Puerto Rico and the U.S. Virgin Islands. Read a company press release about the deal.
Payroc is a high-growth merchant acquirer, processor, and payment facilitation powerhouse processing $40 billion in annual charge volume in over 40 countries, for more than 110,000 merchants. The combination will provide both companies with additional sales channels and integrated partners with the ability to scale globally.
The Troutman Pepper team advising Payroc included Partner Brad Resweber and Associates Mark Wilhelm and Peter Dragna.
Troutman Pepper has more than 200 attorneys who regularly advise financial services providers, including banks, neobanks, payment processors, card issuers, and consumer and commercial marketplace lenders.
The firm is nationally recognized for its work in the financial services industry. In September, Troutman Pepper was named FinTech Law Firm of the Year by The Deal, becoming the first firm to receive the award. Troutman Pepper is regularly recognized for its prowess in the space, including by Chambers and Partners, U.S. News – Best Lawyers® “Best Law Firms,” and Law360, among others.
About Troutman Pepper
Troutman Pepper is a national law firm with more than 1,200 attorneys strategically located in 23 U.S. cities. The firm’s litigation, transactional, and regulatory practices advise a diverse client base, from start-ups to multinational enterprises. The firm provides sophisticated legal solutions to clients’ most pressing business challenges, with depth across industry sectors, including construction, energy, finance, health sciences, insurance, private equity, real estate, and technology, among others. Learn more at troutman.com.
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