Goldleaf Financial Solutions, Inc. (NASDAQ:GFSI): Acquisition of Alogent Corporation
H3GM advised the board of directors for Goldleaf Financial Solutions, Inc. (NASDAQ:GFSI), a provider of technology-based solutions for financial institutions, in connection with the company’s acquisition of Alogent Corporation for $42.5 million. H3GM attorneys counseled the board on matters relating to corporate governance and securities issues, including analysis and counsel regarding fiduciary duty, Nasdaq listing, SEC disclosure and corporate compliance programs.
The merger strengthens Goldleaf’s leadership in converging payments, allowing the company to expand market presence, extends it customers base and creates significant cross-selling opportunities. According to Lynn Boggs, CEO of Goldleaf Financial Solutions, “This merger solidifies our position as a leader of converging payments and a driver of innovation.”
