Simpson Thacher represented affiliates managed by Corsair Capital in connection with the acquisition of a majority stake in Aurora Payments, a full-service payment solutions provider for small and medium sized businesses across a variety of industries. The transaction closed on December 31, 2021.~~Founded in 2005, Aurora is a united network of processing, technology and payment solutions headquartered in Tempe, Arizona, with 22,000 merchants and $10 billion in annual processing. Aurora offers a one-stop-shop solution for partners and merchants seeking to accept and receive electronic payments. Aurora’s bundled offering provides merchants with a wide range of products, services, customer technology and support capabilities, including point of sale (POS) equipment, transaction processing services and the ability to transfer funds between banks and merchants.~~The Simpson Thacher team includes Louis Argentieri (M&A); Larry Moss, Caitlin Fitzgerald and Charles Pfeifer (Executive Compensation and Employee Benefits); Jonathan Goldstein and Ruoxi Zhang (Tax); Genevieve Dorment, Corina McIntyre and Samuel Watters (Intellectual Property); Barrie Covit, David Whelan, Jeffrey Larocca and Leor Moaddel (Private Funds); Krista McManus and Dennis Loiacono (Real Estate); Michael Isby (Environmental); Peter Guryan, Kelly Karapetyan and Jamie Logie (Antitrust); and Steve DeLott (Insurance).