Dechert advised One Equity Partners (OEP) in its agreement to acquire corporate online banking solutions from ACI Worldwide. Upon completing the transaction, the entity will operate independently under the new name, Dragonfly Financial Technologies.
Within the past year alone, Dechert has represented OEP in its sale (along with Rizing LLC) of Rizing, its acquisition of Rosboro, its sale (along with ResultsCX) of Results CX, its sale of Merfish United, and its acquisition of BRUSH Group.
OEP is a middle market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. ACI Worldwide is the global leader in mission-critical, real-time payments software.
Dechert’s deal team included corporate partners Derek Winokur and Paul Bennett and associates Ji Park, Nick Pullen, Brenda Luo, Therese Ang, Nicholas Wee, Sonja Feser and Yasmin Yavari; finance partner Scott Zimmerman and associate Casey Klein; tax partners Edward Lemanowicz and Elizabeth Guidi; employee benefits partners Howard Klein and Andrew Braid, and associate Tabitha Crosier; environmental partner Abbi Cohen; intellectual property partners Thomas Rayski and Paul Kavanagh, and associates Frank Hwang, Madeleine White and Dylan Balbirnie; labor and employment partner Ian Downes, counsel Jennifer McGrandle, and associates Jennifer Hill and Tanya Warnke; antitrust partners Clemens York and James Fishkin, counsel Michael Okkonen and associate Isabella Egetenmeir; real estate special counsel Francois Quintard-Morenas; privacy & cybersecurity partner Timothy Blank, and associates Bailey Dervishi and Hilary Bonaccorsi; and international trade associate Brooklynn Moore.
About Dechert
Dechert is a leading global law firm with 22 offices around the world. The firm advises on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.