PayGo’s Acquisition of Setis

Machado Meyer and TozziniFreire advised on the deal

PayGo, a unit of Brazilian payment company C6 Holding SA, acquired smart software company Setis for an undisclosed amount.

Setis will keep its name and continue to run independently.

Setis was founded in 1998 and runs operating systems for point-of-sale devices.

PayGo was formerly known as NTK Solutions LTDA. and changed its name to PayGo in October 2018.

Machado Meyer advised C6 Holding S.A. and PayGo (NTK Solutions Ltda) with Arthur Bardawil Penteado (Picture), Igor Marcell Ramos Finzi and Laura Ducati Dabronzo.

TozziniFreire advised Setis Automação e Sistemas Ltda with  Aloisio Carneiro da Cunha Menegazzo, Rachel Cerqueira Salvador Marques and Leonardo dos Santos.

Involved fees earner: Arthur Bardawil Penteado – Machado Meyer Advogados; Laura Ducati Dabronzo – Machado Meyer Advogados; Igor Finzi – Machado Meyer Advogados; Aloisio Carneiro da Cunha Menegazzo – Tozzini Freire ; Rachel Cerqueira Salvador Marques – Tozzini Freire ; Leonardo dos Santos – Tozzini Freire ;

Law Firms: Machado Meyer Advogados; Tozzini Freire ;

Clients: C6 Holding SA; PayGo; Setis Automação e Sistemas Ltda ;

Author: Ambrogio Visconti.