Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 06-11-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | TNS Sale of Payment Gateway Services to MasterCard Incorporated | Industry: | Financial Services |
| Description: |
Simpson Thacher advised Transaction Network Services, Inc. in the sale of its Payment Gateway Services business to MasterCard Incorporated. Terms of the transaction were not disclosed.
Founded in 1990, TNS' global expertise extends to more than 60 countries across Europe, the Americas and the Asia Pacific regions. TNS has been a trusted provider to the payments industry for more than 20 years. The TNS Payment Gateway Services business provides card-present and card-not-present payment gateways.
The Simpson Thacher team working on this transaction include Dan Clivner, Justin Yi, Denis Griffin, Mimi Cheng and Robert Smith.
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| Financial Center: | Los Angeles | Value: | 0.00-0.00 |
| Advised Party: | Vendor | Law Firm | Simpson Thacher |
| Target Company Jurisdiction: | United States | Acquiror Jurisdiction: | United States |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Daniel Clivner |
