News | 2021-04-06

TELLES advises sale of 76% of Finantech to Asseco PST Holding

TELLES advised the shareholders of Finantech Sistemas de Informação, SA in the sale of 76% of the shares representing this company's share capital to Asseco PST Holding, SGPS, SA The TELLES team was headed by Francisco Espregueira Mendes, partner in the Commercial and Corporate area M&A, and had the participation of José Maria Braga da Cruz and Maria Miguel Cameira, associates of the same department.

The transaction included the negotiation and conclusion of a shareholders' agreement that ensures that the sellers continue to be managers of the company and maintain the guidelines of their more than 20 years of experience in the capital market area.

Asseco has established itself as a reference in information systems, currently with more than 60 banks in its customer network and being present in several Portuguese-speaking markets outside Portugal, where it generates around 80% of its turnover.

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