Jan. 1, 2018
Jamieson advises the management team of payments processing company Paysafe

Jamieson advised the Management Team of UK digital payment processing company, Paysafe, led by chief executive Joel Leonoff, on the takeover by Blackstone and CVC. The acquisition closed at the end of 2017, valued the company at £2.96bn

Paysafe offers pre-paid cashcards and online wallets that are popular among online gambling customers. As part of the deal, Paysafe will divest its Asia Gateway subsidiary to Spectrum Global Limited for up to $308 million payable over six years.

The Jamieson team, led by Stuart Coventry, Ross Wheeler and Laura Yell advised Joel Leonoff and his team on the transaction.

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