March 30, 2021
Weil advised Foley Trasimene Acquisition Corp. II, a special purpose acquisition company, in its $9 billion merger with Paysafe Group Holdings Limited, a provider of online processing of direct debit, credit card and alternative payment services to businesses and individuals in Europe, North America and internationally. The transaction closed on March 30, 2021 and the combined company became a publicly traded entity under the name Paysafe Limited.
The Weil team that advised Foley Trasimene Acquisition Corp. II was led by Mergers & Acquisitions partner Michael J. Aiello and included Mergers & Acquisitions partners Eoghan Keenan, Matthew Gilroy and David Avery-Gee; Mergers & Acquisitions counsel Megan Pendleton; and Mergers & Acquisitions associates Stephen Liebscher, William Rosemberg, Joseph Godio, Shane Safer, Karl de la Roche, Ting Liu and Dylan Sherwyn (Not Yet Admitted in New York). The team also included Tax Head Joe Pari; International Tax Head Devon Bodoh; Tax partners Jenny Doakand Oliver Walker; Tax counsel Erica Rees; Tax associate Alfonso Dulcey; Private Equity Executive Compensation & Benefits Head Michael Nissan; Executive Compensation & Benefits partner Sarah Downie; Executive Compensation & Benefits associate Radhika Tahiliani; Capital Markets Head Alexander Lynch; Capital Markets associate Anthony Zangrillo; Public Company Advisory Group partners Adé Heyliger and Lyuba Goltser; Technology & IP Transactions partner Charan Sandhu; Technology & IP Transactions/Privacy partner Barry Fishley; Technology & IP Transactions/Privacy associates Briony Pollard, Olivia Greer, Alexa Chu Clinton, Catherine Kim, Eliza Cotter and Tyler Fredricks; Antitrust Head Steven Newborn; Antitrust partner John Scribner; Antitrust counsel Michael Naughton; Antitrust associate Vivian Wang; Employment counsel Ivor Gwilliams; Employment associate Thomas Weatherill; and Private Funds Regulatory partner Marc Schubert.