Barros & Errázuriz advised Consorcio on the transaction. Carey advised Banco de Crédito e Inversiones. Claro & Cia. advised EVO Payments, Inc. and CMS Carey & Allende advised PST Pago Fácil SpA
Compañía de Seguros de Vida Consorcio Nacional de Seguros S.A. executed the investment (convertible note), and following conversion of the same into shares of the Chilean payment platform PST Pago Fácil SpA (Pago Fácil), resulting from the sale of 100% of the shares of Pago Fácil to EVO Payments, Inc., one of the largest merchant acquirers and payment processors in the world.
Consorcio’s investment in Pago Fácil represented the first Chilean corporate venture capital investment of a traditional financial institution in a Fintech company, the sale of 100% of the shares of Pago Fácil to EVO Payments, Inc. represents one of the main exits of a Chilean startup.
Barros & Errázuriz advised Compañía de Seguros de Vida Consorcio Nacional de Seguros S.A. with a team including Sergio Eguiguren Ebensperger (Picture) and Juan Sebastián Alonso Iñíguez.
CMS Carey & Allende advised PST Pago Fácil SpA with Diego Rodríguez Valdés and Sebastián Barros Eyzaguirre.
Claro & Cia. advised EVO Payments, Inc. with José Luis Ambrosy and Felipe Moraga.
Carey advised Banco de Crédito e Inversiones (BCI) with Diego Peralta, Francisco Ugarte and Diego Lasagna.
Involved fees earner: Juan Sebastián Alonso – Barros & Errázuriz Abogados; Sergio Eguiguren – Barros & Errázuriz Abogados; Diego Lasagna – Carey; Diego Peralta – Carey; Francisco Ugarte – Carey; José Luis Ambrosy – Claro y Cia; Felipe Moraga – Claro y Cia; Sebastián Barros – CMS Carey & Allende; Diego Rodríguez – CMS Carey & Allende;