Gerald Edelman advises 360 Payment Solutions S.p.A on the acquisition of EORI (UK) Ltd

We are delighted to share that we advised 360 Payment Solutions S.p.A on the acquisition of EORI (UK) Ltd. EORI provides end-to-end customs clearance support to facilitate the flow of trade between the UK, Ireland and the rest of Europe.

About 360 Payment Solutions S.p.A

360 Payment Solutions S.p.A is a leading provider of payment and supply solutions focused on the transportation industry, particularly facilitating freight movement across Europe.

About EORI (UK) Ltd

Established in 2017, EORI is a customs and border specialist dedicated to helping clients navigate customs declarations in the wake of Brexit. The company offers comprehensive customs clearance services to a wide range of clients, including large and small traders, logistics operators, and anyone in need of customs support.

Gerald Edelman acted as a buy-side financial adviser, performing detailed financial and taxation due diligence, reviewing working capital and net debt, as well as providing general advice throughout the transaction.

Alisher Ashurov, Head of Strategy and M&A at 360 Payment Solutions S.p.A, commented: “We are grateful to Matt and the team at Gerald Edelman, for providing support and expertise throughout the process, which was instrumental in ensuring a smooth and successful transaction.”

Matt Ball, Director, Transaction Services at Gerald Edelman commented: “It was a pleasure to support Alisher and his team during this transaction. We’re proud to have contributed to a successful outcome and wish the business every success in the future. We hope to have the opportunity to work together again soon.”