US Bank National Association Sells Third-Party ATM and Debit Servicing Business to Fiserv, Inc. for $690 Million

October 31, 2018

S&C represents U.S. Bancorp in the sale of its third-party ATM and Debit Servicing business, which is part of the company's Elan Financial Services unit, to Fiserv, Inc., for approximately $690 million. The S&C team on the transaction was led by Mitch Eitel and Jared Fishman, along with Regina Sorin and Danielle Schulweis. Rebecca Coccaro advised on executive compensation and benefits matters; Ronald Creamer and Dana Brodsky advised on tax matters; and Mark Schenkel advised on intellectual property matters.