TSYS $2.35 billion acquisition of Transfirst

Overview:

• Payment solutions company TSYS has completed its $2.35 billion acquisition of merchant solutions company Transfirst.
• Transfirst was sold by private equity firm Vista Equity Partners.
• BofA Merrill Lynch and GCA Savvian Advisors acted as financial advisers for TSYS, while Credit Suisse, Goldman Sachs and JP Morgan acted for Vista and Transfirst.
• The transaction was first announced in January 2016.

Kurt Stumpo - Journalist