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Mastercard acquires Transfast

Payment processing service provider Mastercard has agreed to acquire Transfast, PE Hub reported. Financial terms of the transaction were not announced. The seller is GCP Capital Partners. Transfast is a provider of a cross-border account-to-account money transfer network. Schulte Roth & Zabel advised Transfast on the transaction.

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Mergers and Acquisitions,M&A,M&A deals