Avangate Acquires 2Checkout

April 06, 2017

San Francisco -- Paul Hastings, a leading global law firm, represented Francisco Partners, and its portfolio company Avangate, a global eCommerce and subscription billing platform, in Avangate’s acquisition of 2Checkout, a global payment processor. The transaction closed on March 31, 2017.  The combined company will use the 2Checkout name.

Corporate partners Michael Kennedy and Dana Kromm led the Paul Hastings team, which included associate Kirill Levashov

Francisco Partners is a leading private equity firm focused exclusively on investments in technology and technology-enabled services businesses.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.