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BAML Capital Access Funds Team Will Continue to Focus on Emerging and Diverse Managers as HarbourVest Horizon HarbourVest Partners (“HarbourVest”), an independent, global private markets specialist, today announced that it has acquired the BAML Capital Access Funds group (“BAML CAF”), an experienced private equity fund-of-funds manager and adviser, from Bank of America. BAML CAF has historically focused on emerging and diverse managers and has advised on approximately $1.9 billion in capital commitments since its inception in 2002. As part of HarbourVest, BAML CAF will continue to focus on these investment areas and will be renamed HarbourVest Horizon. In addition, BAML CAF’s six-person investment team will join HarbourVest. “We are excited to broaden the capabilities of our global platform with HarbourVest Horizon,” said John Toomey, Managing Director at HarbourVest. “Our clients value our ability to provide access to the best managers in the industry, and this acquisition both complements and expands
COLUMBUS, Ga., Jan. 26, 2016 — TSYS® (NYSE: TSS), a leading global payment solutions provider, today announced it has entered into a definitive agreement with Vista Equity Partners to acquire TransFirst, a Vista portfolio company and leading U.S. merchant solutions provider, in an all-cash transaction valued at approximately $2.35 billion. TransFirst delivers merchant solutions to more than 235,000 small and medium-sized businesses in the U.S. through its proprietary technology, end-to-end customized and multi-channel products and superior customer service. The transaction enhances TSYS’ offering and position in the high-growth areas of integrated payments, e-commerce and omni-channel services. As a result of the transaction, TSYS will be the 6th largest U.S acquirer based on net revenue, supporting more than 645,000 merchant outlets. TSYS expects the transaction to be accretive in the low double digits to adjusted EPS for the first twelve-month period following closing, excluding one-time acquisition-related fees and expenses. TransFirst leads