Alex Kelly, Jenny Cieplak, Peter Harwich, Karen Song, Saba Yasmin, John McMillan, Jocelyn Noll, Sam Yang, Alan Avery, Pia Naib, Austin Ozawa, Alan Devlin, Peter Todaro, Chris Brown
January 24, 2026
Latham & Watkins Advises EVERTEC in Extensions of Key Agreements With Popular and Sale of Certain Assets
1 min
AI-made summary
- EVERTEC, Inc
- has entered into an agreement to sell certain technology services assets to Popular, Inc
- for approximately US$197 million
- The transaction also includes a modification and extension of the main commercial agreements between the two companies, contingent upon the closing of the asset sale
- Latham & Watkins LLP is representing EVERTEC in the transaction, providing legal counsel across corporate, tax, banking regulatory, benefits and compensation, and antitrust matters.
EVERTEC, Inc. (NYSE: EVTC) has announced an agreement with Popular, Inc. (NASDAQ: BPOP) (Popular) to sell to Popular certain technology services assets for a purchase price of approximately US$197 million. The parties also agreed, conditioned on the closing of the asset sale, to modify and extend the main commercial agreements between the parties. Latham & Watkins LLP represents EVERTEC in the transaction with a corporate deal team led by New York partners Alex Kelly, Jenny Cieplak, and Peter Harwich, with associates Karen Song, Saba Yasmin and John McMillan. Advice was also provided on tax matters by New York partner Jocelyn Noll, with associate Sam Yang; on banking regulatory matters by New York partner Alan Avery and New York counsel Pia Naib; on benefits and compensation matters by New York partner Austin Ozawa; and on antitrust matters by Washington, D.C. partner Alan Devlin and Washington, D.C. counsel Peter Todaro, with associate Chris Brown.~~
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Alex Kelly, Jenny Cieplak, Peter Harwich, Karen Song, Saba Yasmin, John McMillan, Jocelyn Noll, Sam Yang, Alan Avery, Pia Naib, Austin Ozawa, Alan Devlin, Peter Todaro, Chris Brown
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