Madison Dearborn Partners’ $150 Million Investment In EVO Payments

Latham & Watkins LLP represented Madison Dearborn Partners in the transaction.

EVO Payments, Inc., a leading payment technology and services provider, has received a US$150 million investment from funds affiliated with Madison Dearborn Partners, LLC (MDP), a leading private equity firm that has been a significant shareholder of the Company since 2012.

MDP’s added resources will strengthen EVO’s financial profile and enable the Company to remain focused on future strategic initiatives as it navigates the global COVID-19 pandemic.

Latham & Watkins LLP represented MDP in the investment with a corporate deal team led by New York partner Greg Rodgers (Picture), Chicago/Boston partner Neal Reenan, Chicago partner Jonny Solomon, and Los Angeles counsel Arash Aminian Baghai, with Chicago associates Jana Kovich and Joyce Li and New York associate Jessica Lim. Advice was also provided on tax matters by Chicago partner Joe Kronsnoble, with associate Michael Zucker; and on antitrust matters by Washington, D.C., counsel Peter Todaro, with Brussels counsel Tomas Nilsson.

Involved fees earner: Arash Aminian Baghai – Latham & Watkins; Jana Kovich – Latham & Watkins; Joseph Kronsnoble – Latham & Watkins; Joyce Li – Latham & Watkins; Jessica Lim – Latham & Watkins; Tomas Nilsson – Latham & Watkins; Neal Reenan – Latham & Watkins; Gregory Rodgers – Latham & Watkins; Jonathan Solomon – Latham & Watkins; Peter Todaro – Latham & Watkins; Michael Zucker – Latham & Watkins;

Law Firms: Latham & Watkins;

Clients: Madison Dearborn Partners;

Author: Ambrogio Visconti