EVO Payments, Inc. along with Banco de Crédito e Inversiones acquired Pago Fácil SPA from Compania de Seguros de Vida Consorcio Nacional de Seguros S.A. for $20.9 million.
EVO Payments, Inc. (NasdaqGM:EVOP) along with Banco de Crédito e Inversiones (SNSE:BCI) completed the acquisition of Pago Fácil SPA from Compania de Seguros de Vida Consorcio Nacional de Seguros S.A. for $20.9 million on June 3, 2021. The total consideration paid for the acquisition was $20.9 million, which includes an upfront payment of $18 million, deferred consideration of $0.9 million payable nine months after the closing date, and a holdback liability of $2 million payable 18 months after the closing date.