Fenwick & West represented Yapstone, Inc., a leading provider of online and mobile payment solutions for global marketplaces, software companies, platforms and merchants, in a realestate payments operating partnership within Priority Real Estate Technology (“PRET”), an operating subsidiary of Priority Technology Holdings, Inc., a leading provider of merchant acquiring and commercial payment solutions.
Yapstone will continue to provide credit and debit card processing to PRET and will contribute its leading real estate payment processing technology, as well as its extensive property management contracts and customer relationships in the rent, storage and dues markets. Yapstone will also focus on providing superior payment solutions to marketplaces, software companies, platforms and merchants worldwide. More information about Yapstone’s partnership with Priority can be obtained in the company announcement.
The Fenwick transaction team included corporate lawyers David Michaels, Ryan Slunaker, Shen Zhang and intellectual property lawyer Daniel Friedberg.