Posse Herrera Ruiz advises Evertec on acquisition of Colombia’s Placetopay

Posse Herrera Ruiz has acted as legal adviser to NYSE-listed payment processing company Evertec Inc on its acquisition of 100 per cent of the shares of EGM Ingeniería sin Fronteras (Placetopay), a leading Colombian online payment portal.

Oscar Tatasaura of Posse Herrera RuizThe acquisition aims to expand Evertec’s presence in Colombia, strengthen its products offering and grow the company in Latin America.

Posse Herrera Ruiz’s team was led by partners Oscar Tutasaura (pictured) and Carolina Camacho, with Cristian Lozano and Daniel Meza.

adam.critchley@iberianlegalgroup.com

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