Kirkland Advises Mercato on Series B Investment in Paytient
Kirkland advised Mercato Partners Traverse Fund, a Utah-based private equity firm, on its lead role in a Series B growth equity investment in Paytient, the creator and leading provider of Health Payment Accounts (HPAs). Several investors participated in the financing, including Bertelsmann Investments and other key existing investors from Paytient’s Seed and Series A rounds. The closing was announced on January 10, 2023.
The Kirkland team was led by corporate partner Dan Daines and associate Zach Miller, with corporate partners Adam Phillips and Travis Nelson; tax partners Devin Heckman and David Morris; technology & IP transactions partner Amber Harezlak; executive compensation partner Rohit Nafday; healthcare regulatory partner Kate Sullivan; and banking and financial institutions partner Edwin del Hierro.
