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Announced

Completed

EVERTEC completed the acquisition of Grandata.

Synopsis

EVERTEC, an electronic transactions and technology company, completed the acquisition of Grandata, a company that develops products that sit at the intersection of artificial intelligence. Financial terms were not disclosed. "We are pleased with our third quarter results that demonstrate our commitment to continue to improve our margin. We are excited to announce the acquisition of Grandata, which align with our capital deployment strategy focusing on Latin America and diversifying our revenue," Mac Schuessler, EVERTEC President and Chief Executive Officer.

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