Evertec to Acquire Sinqia, a Leading Provider of Software Solutions for Financial Institutions in Brazil
Summary
"Sinqia is a leader in providing software to the financial services industry in Brazil with an impressive history of delivering organic and inorganic growth," said Mac Schuessler, President and Chief Executive Office of Evertec. We believe that our digital payments engine together with Sinqia’s banking and financial software platform will position us as the leading fintech company in Latin America,” added Mr. Schuessler. Combining our companies will enhance services for both of our growing customer bases as well as provide opportunities for our team members as Evertec continues to expand in attractive markets with strong macro tailwinds." Words such as “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” and “plans” and similar expressions of future or conditional verbs such as “will,” “should,” “would,” “may,” and “could” are generally forward-looking in nature and not historical facts. The offer by Evertec of Brazilian Depositary Receipts representing interests in shares of Company common stock is expected to be exempt from registration with the SEC pursuant to Rule 802 under the Securities Act of 1933.
