Machado Meyer advises BTG on JV with Senior Sistemas
Machado Meyer advised Banco BTG Pactual with in the formation of a joint venture with Senior Sistemas, with the purpose of creating a platform to offer financial products and services within the management systems of Senior Sistemas to companies.
BTG and Senior shall hold, each, 50% of stake in the joint venture. The closing of the transaction is subject to the approval of the Brazilian antitrust authority (Conselho Administrativo de Defesa Econômica – CADE) and the Central Bank of Brazil (Banco Central do Brasil – BACEN), as well as to implementation other usual conditions precedent for this type of transaction.
The transaction value was not disclosed.
Machado Meyer relied on led partners Arthur Bardawil Penteado, Mariana Meditsch and Renato Maggio (pictured from left to right), partners Alessandra Carolina Rossi Martins, Alessandra Hidemi Takara, lawyers Filipe Augusto Costa Barbalho e Cunha, Gustavo Jorge Silva, Ivan Fogaca Panza, Tatiana Machado Soares, Victor Goulart Lazarini
Silva Santana e Teston Advogados and Barcellos Tucunduva Advogados advised Senior Sistemas.
