Provided fairness opinion to a leading fintech platform
Provided fairness opinion to a leading fintech platform
Stout rendered a fairness opinion to the board of directors of Co-Op Solutions, a leading credit union-owned financial technology platform, in connection with its merger with PSCU, a premier credit union service organization and integrated financial technology solutions provider. Founded by, created for, and built to serve credit unions, Co-Op Solutions helps its more than 2,600 credit unions drive growth through integrated payments technology solutions.
This was a transformative transaction for the industry, coming at a time when the payments landscape was rapidly evolving. Stout’s financial analysis included a review of Co-Op Solutions’ business, industry, historical financial performance, financial projections, synergies, and other factors bearing on the fairness of the merger from a financial point of view to the company’s cooperative members. Stout’s opinion was an important factor in enabling the board to recommend the transaction to the company’s cooperative members with confidence.