Stone acquires 100% of Elavon

RGS Partners acted as financial adviser to Stone on the acquisition of Elavon do Brasil.

Company
Stone
Transaction
Sector
Activity
Payments solutions provider
Date
Country
Brazil - USA

Founded in 2012, Stone Pagamentos S.A. is a credit card payments solutions provider, controlled by Arpex Capital, a private equity firm with Jorge Paulo Lemann as a partner.

Elavon do Brasil, was previously held by Citibank and U.S. Bancorp, and was the fourth largest payments solutions provider in this sector that processes over R$ 1 trillion per year.