Bracewell Represents Merchants’ Choice Payment Solutions in Acquisition by Paysafe for $470 Million
HOUSTON – Bracewell LLP represents Delta Card Services Inc., the holding company for Merchants’ Choice Payment Solutions (MCPS), in an acquisition of substantially all the assets of MCPS by Paysafe Group plc, a leading global provider of payment solutions. MCPS is a data-focused, full-service payment processor for merchants and sophisticated, high-volume Independent Sales Organizations in North America. Delivering card processing services to approximately 60,000 merchants in 50 states and processing over $14 billion in sales volume annually, MCPS is a leading provider to small- and medium-sized businesses.
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Bracewell lawyers involved in the transaction include:
Partners: Will Anderson, Daniel E. Hemli, Jeffrey B. Andrews, Rebecca Keep, Timothy A. Wilkins and Bradley J. Benoit
Counsel: Jacqueline R. Java and Tamara L. McKinzie
Associates: Benjamin J. Martin, Kate B. McGregor