Paksoy, working with Wachtell, Lipton, Rosen & Katz, has advised Global Payments on its acquisition of Yazara Payment Solutions and its Turkish subsidiary SoftPos Teknoloji.
Global Payments is a payment technology systems company.
Yazara Payment Solutions is an American company providing payment solutions.
According to Paksoy, "the SoftPOS solutions offered by Yazara enable smartphones and tablets to be used as POS machines without the need for any additional hardware or dongle. With this acquisition, Yazara will benefit from the human resources and technical experience of Global Payments, and will be able to offer more extensive and advanced services to its customers."
The Paksoy team included Partners Nihan Bacanak, Togan Turan, and Sansal Erbacioglu and Senior Associate Yeseren Sozuer.
Paksoy did not respond to our inquiry on the matter.
