Ropes & Gray Represents TransFirst in IPO and Sale to Vista Equity Partners
Ropes & Gray advised TransFirst Inc., a Welsh, Carson, Anderson & Stowe portfolio company, in both its planned initial public offering and its eventual sale to Vista Equity Partners. TransFirst filed for an IPO on July 30, and the sale of the company was announced Oct. 13. TransFirst, based in Hauppauge, N.Y., is one of the largest electronic payment processing providers in the United States.
The Ropes & Gray team representing TransFirst included private equity partners Othon Prounis and Carl Marcellino (both of New York), finance partner Jay Kim (New York), tax partner Leo Arnaboldi (New York), executive compensation & employee benefits partner Jonathan Zorn (Boston), labor & employment partner Peter Ebb (Boston), business & securities litigation partner William Sussman (New York), IP transactions counsel Thomas Burke (New York), and antitrust counsel Deidre Johnson (Boston).