AKRON, OH—Roetzel & Andress LPA (Roetzel) is pleased to announce that it represented C.S.I. Enterprises, Inc. (CSI), a leading global corporate payments technology company based in Bonita Springs, Florida, in its agreement with Edenred, a Malakoff, France-based company. Edenred will acquire CSI in the $600 million transaction.
The transaction allows CSI to accelerate its growth strategies and leverage Edenred’s world leadership in transactional solutions, as well as help Edenred enhance its digital payment technology platform and significantly increase its North American presence. The transaction furthers a partnership between CSI and Edenred formed nearly two years ago.
The deal is subject to regulatory approval and is expected to close in early 2019.
The Roetzel team representing CSI was led by firm shareholder Christopher P. Reuscher, chair of the Corporate, Tax and Transactional practice group.
Roetzel is a full-service law firm with offices located throughout Ohio and Florida, and in Chicago. The firm provides comprehensive legal services to national and international corporations, closely held and family-run businesses, institutions, organizations, and individuals.