Cielo seeks buyer for Merchant e-Solutions


Merchant e-Solutions, Cielo SA, Goldman Sachs, private equity, merger, M&A, fintech
  • Cielo has tapped Goldman Sachs to advise on MeS
  • MeS produces about $30 mln in EBITDA
  • Cielo paid $670 mln for MeS in 2012
Private equity will get another crack at Merchant e-Solutions, which is up for sale, three sources said. Cielo SA tapped Goldman Sachs to advise on the process, the people said. Merchant e-Solutions, or MeS, was founded in 2000 by former execs of BA Merchant Services, a ...

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