Foreign Currency Direct’s Acquisition Of Earthport FX Limited From Visa

Eversheds Sutherland has advised Foreign Currency Direct on the deal.

Earthport FX Limited, the corporate payments and foreign exchange division of Earthport Limited, offers corporate payment services to small and medium sized businesses. It will join Infinity International, the group’s corporate division.

The completed acquisition will add considerable scale and market presence for the group which has transacted over £9 billion in the past three years.

The Eversheds Sutherland team, led by Financial Services M&A Partner, Paul Pugh (Picture), and Principal Associate, Matthew Hussey, provided advice on all aspects of the deal. The wider team comprised Partners Eve England (commercial), and Colin Askew (tax), and Associates Amy Bagni (corporate), and Zoe Haden (commercial).

Involved fees earner: Colin Askew – Eversheds Sutherland; Amy Bagni – Eversheds Sutherland; Eve England – Eversheds Sutherland; Zoe Haden – Eversheds Sutherland; Matthew Hussey – Eversheds Sutherland; Paul Pugh – Eversheds Sutherland;

Law Firms: Eversheds Sutherland;

Clients: Foreign Currency Direct;