paysafecard.com Wertkarten GmbH signed a definitive agreement to acquire Orbis Ventures S.A.C from Vigenta Inversiones S.A. (BVL:ELCOMEI1) for approximately $110 million on July 31, 2021. The purchase price is expected to be paid in cash, subject to closing adjustments, including working capital. As part of the deal, the PagoEfectivo team, including Juan Fernando Villena, will join Paysafe and become part of the company’s growing global eCash and online banking solutions team. This acquisition is expected to be accounted for as a business combination. The transaction is subject to customary closing conditions. The transaction is expected to close by the end of August. Until then, the two groups will continue to operate as independent organizations. Estudio Rodrigo acted as Paysafe’s legal and regulatory counsel on the acquisition. paysafecard.com Wertkarten GmbH completed the acquisition of Orbis Ventures S.A.C from Vigenta Inversiones S.A. (BVL:ELCOMEI1) in August 2021. Landmark Alantra acted as financial advisor and CMS Grau Abogados acted as legal advisor for Empresa Editora El Comercio.