Lawyer Monthly - November 2022

PAYAGroup Acquires Interactive Transaction Solutions About the Deal Franklins Solicitors LLP provided legal advice on the acquisition of 100% of the share capital of Interactive Transactions Solutions Limited (ITS) by PAYA Group. Pierce Corporate Finance advised PAYA Group. ITS is a Chichester-based company previously owned by both American Express and Ingenico and whose service provides processing of commercial card data for over 3,000 customers. Its acquisition is PAYA Group’s largest to date, according to PAYA CEO Bill Thomson. “It broadens our portfolio of services and introduces a new segment of customers that need tailored payment services and support to meet their needs,” Thomson said in a statement. “The ITS newly refreshed technology capabilities are complementary to our existing in-house systems built over the past 12 years.” Franklins Solicitors advised on the acquisition with a team led by associate partner Holly Threlfall and associate Justin Wilson. Transaction Interview Advisers on the transaction: 90 LAWYERMONTHLYNOVEMBER 2022

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