Paul Hastings Advises Banc of California in Acquisition of Deepstack Technologies
New York – Paul Hastings LLP advised Banc of California, Inc., in its acquisition of Global Payroll Gateway, Inc.’s payments platform and technology, as well as the company’s wholly-owned subsidiary Deepstack Technologies.
The acquisition provides Banc of California with a proprietary technology platform for payment processing to offer a best-in-class one-stop payments solution, enabling the bank to market payment processing services to diverse business clients.
Corporate Partner Chris DeCresce led the team, which included of counsel Joe Swanson; and associates Jason Schecter, Kevin DeCeoursty, and Elena Burns. Fintech Partner Chris Daniel led the Fintech team, which included associates Diane Holden and Heena Merchant. Tax and Employment Benefits advice was provided by partners Joseph Opich and Stephen Harris.
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