Evertec completed the acquisition of Sinqia for $591m.

Evertec, a full-service transaction processing company, completed the acquisition of Sinqia, a developer of software and technology services, for $591m. “We are excited about the future of Evertec and Sinqia. Together we will build a full-service technology company focused on providing the best products and services to our clients throughout the region. This transaction completes another important step in our strategic objective of becoming the Fintech for the LATAM region and will now focus on ensuring a successful integration,” Mac Schuessler, Evertec President and CEO.