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Latham Advises Madison Dearborn Partners, LLC in US$150 million Investment in EVO Payments, Inc.

March 30, 2020
MDP’s added resources will strengthen the leading payment technology and service provider’s financial profile and enable the company to remain focused on future strategic initiatives.

EVO Payments, Inc. (EVO or the Company), a leading payment technology and services provider, has announced that it 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, 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.