BluePay Processing

Locke Lord represented BluePay Processing in its sale and recapitalization in a transaction with TA Associates, a private equity firm based in Boston. BluePay Processing is a provider of technology-enabled payment processing services to merchants in the United States and Canada. The transaction also involved negotiating terms on behalf of BluePay Inc. (which controlled a majority of BluePay Processing) with Goldman Sachs (which controlled the remainder of BluePay Processing). Locke Lord represented BluePay Processing in the negotiation of the principal transaction with TA Associates and represented BluePay Inc. in connection with negotiations with Goldman Sachs and in connection with the rollover of equity by BluePay Inc. in the recapitalized entity. Locke Lord lawyers Sean Fifield, Lou Rosen, Kevin Kelly and Vicky Gunning worked on the sale.
Posted September 5, 2013