financial business stock market graph chart candle stick screen monitor
Our Work

Latham & Watkins Advises Evertec in Acquisition of Sinqia

July 25, 2023
Firm advises the full-service transaction processing business on deal with leading software solutions provider for financial institutions in Brazil.

EVERTEC, Inc. (NYSE: EVTC) and Sinqia (B3: SQIA3) (Sinqia) have jointly announced a definitive agreement for Evertec to acquire Sinqia, a leading player in the market of software for financial services in Brazil for consideration with a value of R$27.19 per share, increased by a customary daily “ticking fee” of up to R$1.00 per share depending on the timing of the closing, subject to certain limited exceptions.

Latham & Watkins LLP represents Evertec in the transaction with a corporate deal team led by New York partners Peter Harwich and Tony Del Pino, Global Chair of the firm’s Latin America Practice, with associates Eric Czubiak and Sami El-Kebbi. Advice was also provided on securities law matters by Washington, D.C. partners Paul Dudek and Michele Anderson; on finance matters by New York partner Stephanie Teicher and New York counsel Sonja Pollack, with associate Richard Burks; on capital markets matters by New York partners Keith Halverstam and Andrew Baker; and on public company representation matters by New York counsel Irina Yevmenenko, with associate Andrew Holt.