Kirkland & Ellis advised software provider Trintech on the acquisition of Fiserv’s reconciliation business. Trintech provides cloud-based integrated reconciliation and financial close solutions for finance and accounting departments. The acquisition will provide Trintech with Frontier Reconciliation and Accurate Reconciliation, which are used by more than 400 blue-chip clients globally. The acquisition will bring Trintech’s headcount to nearly 700.
The Kirkland team was led by corporate partner Amanda C. Border, debt finance partner Andrew Idrizovic and technology and IP transactions partner Jeff Seroogy, and included corporate partners Jon-Micheal Wheat and Matt Whited and associates Kamilya Jumagulova, Jessica Lowe and Andrew Zeller; debt finance associate Justin Greer; and technology & IP transactions associates Rebecca Brandel, Jessie Perlman and Colin Russell.