Kirkland represents Vista Equity Partners and its portfolio company TransFirst in the sale of TransFirst to TSYS (NYSE: TSS) in an approximately $2.35 billion, all-cash transaction announced on January 26, 2016. TransFirst provides secure transaction processing services and payment enabling technologies. TSYS is a global payment solutions provider. The transaction enhances TSYS’ offering and position in the high-growth areas of integrated payments, e-commerce and omni-channel services. As a result of the transaction, TSYS will be the sixth-largest U.S. acquirer based on net revenue, supporting more than 650,000 merchant outlets.
The team is led by corporate partner Stuart Casillas and includes corporate associates Jessica Isokawa, Chris Harding, Austin Pollet, Erin Blake and Devon Mongeluzzi, corporate senior legal assistant Shiho Inouye, bank regulatory partners Ed del Hierro and Jessica Sicsu, IP transactions partner John Lynn and associate Sarah Schaedler, employee benefits partner Bob Zitko and associate Adria Crowe, labor and employment partner Tim Stephenson, of counsel John Irving and associate Michael Schulman, environmental partner Paul Tanaka and associate Martin Sul, real estate partner Rob Miceli, tax partner David Kung and associate Heidi Yuen, executive compensation partner Dean Bachus and associate Ashley McCarthy, antitrust partners Mark Kovner and Marin Boney and associate Christina Shin, capital markets partners Bob Hayward and Bob Goedert, and debt finance partners Sonali Jindal, Nisha Kanchanapoomi and Stacy Clement.