Noerr advises payment specialist PPRO on the takeover of leading Latin American payment provider allpago

Noerr has advised the cross-border payment specialist PPRO as lead counsel on its expansion into South America. PPRO is acquiring allpago GmbH and thus the market leader in alternative payment solutions in Latin America.

The Berlin-based payment provider has offices in Argentina, Brazil, Chile, Ecuador, Colombia, Mexico and Peru. The takeover is consistent with PPRO’s strategy to create a globally leading platform for cross-border payments and to become the global market leader in local payment methods. The company supports international payment methods in more than 100 countries and facilitates cross-border transactions with its platform.

The law firm Noerr advised on the takeover as international lead counsel, once again proving its expertise in M&A transactions regarding regulated financial institutions. The legal team was headed by Florian Becker, Co-Head of the Practice Group Corporate/M&A.

Advisors to PPRO Holding GmbH: Noerr LLP

Dr Florian Becker (lead), Robert Korndörfer (both Corporate/M&A, Munich), Dr Jens H Kunz (Financial Supervisory, Frankfurt), Dr Michael Reiling (Digital Business, Munich), Yvonne Dietzel (Employment, Dresden), Dr Wolfgang Schelling (Employment, Munich)

Associates: Sebastian Dienst (Digital Business, Munich), Johannes Pfeiffer, Andreas Wöller (both Corporate/M&A, London), Bruno Galvao (Private Equity, Berlin)

Local Counsel: Mattos Filho (Brazil), Galicia Abogados (Mexico)