Ashurst has advised WorldPay on its acquisition of the entire issued share capital of the YesPay International Group of companies, a leading international payments services provider.
WorldPay operates in over 40 countries and is a global leader in payment processing. The acquisition will enable WorldPay to leverage YesPay's technology, to offer customers a complete payment service, including merchant acquiring, card processing and payment terminals integrated with point of sale systems - allowing customers to take payments, in any form, online, face to face or mobile.
The Ashurst team was led by corporate partner Nick Cheshire, assisted by senior associate Christopher Thompson and trainee Sean Renfer. Partner Mark Lubbock and associate Matthew Noble provided commercial advice and partner Nicholas Gardner and associate James Seddon advised on the tax aspects. Further specialist advice was provided by each of associates Andy Levett, Elise Sherwell, Andrew Valerio and Louisa Bradley.
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