FT Partners Advises on ~60% Strategic Growth Investment in Mercury Payment Systems
Overview of Transaction
- Mercury Payment Systems ("Mercury" or "MPS") has entered into exclusivity with Silver Lake to finalize an approximate 60% strategic investment in the company
- Mercury is one of the fastest growing merchant acquirers in the payments industry today
- Silver Lake is a global private equity firm with approximately $14 billion in assets under management (previous investments include Skype, Avaya and Sungard)
- The transaction is expected to close in Q2
- Unique transaction structure with 60% strategic investment proves highly attractive to both buyer and seller
- Buyer able to gain shared control while retaining and motivating management
- Seller able to monetize significant stake at a strong valuation while retaining significant upside from future growth
- Mercury will be well positioned to pursue additional growth opportunities by leveraging the strategic relationships of Silver Lake
- FT Partners served as exclusive strategic and financial advisor to Mercury and its Board of Directors
- Transaction highlights FT Partners' ability to rapidly and confidentially execute complex transactions
- FT Partners designed and executed on this innovative and complex structure to meet the needs of Mercury's various shareholders and Silver Lake
- FT Partners developed an extraordinarily detailed and comprehensive set of financial materials to highlight the unique value proposition of Mercury and to enable efficient and thorough investor diligence