G+T has advised the founders of global payment solutions company ecash Holdings Pty Ltd on its sale to NYSE-listed Everi Holdings Inc.

ecash is an Australian-based global payment solutions company that specialises in innovative cash handling technology and payment solutions for the broader gaming industry in Australia, Asia, Europe and the United States.

Everi Holdings Inc. (NYSE: EVRI) is a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions. ecash's products and technologies will represent a strategic extension of Everi's current suite of financial technology solutions within the FinTech segment.

G+T’s market-leading Corporate Advisory team advised on all aspects of the transaction.

The G+T team was led by Corporate Advisory Partner David Josselsohn, lawyers James Soussa and Clare Azzopardi and summer clerk Louisa Sinclair.  The Corporate team was also supported by specialists throughout the firm.

David Josselsohn said, “We are pleased to have advised and supported the founders of ecash on this milestone transaction and are excited to watch ecash’s growth under Everi’s ownership.”

G+T’s Corporate Advisory team, which boasts some of Australia’s leading M&A and Private Equity lawyers, has advised on many of Australia’s largest and most innovative transactions, including recently advising  Quadrant on its acquisition of TSA, Quadrant on the sale of APM to Madisson Dearborn Partners, TPG Capital on its $1 billion acquisition of ASX-listed pets and vets company, Greencross Limited, Konekt on its acquisition by Advanced Personnel Management, DuluxGroup on its $3.8 billion acquisition by Nippon Paint and KKR on its $2 billion acquisition of MYOB.

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