Acquisition of T-Chek Systems, Inc.

We represented Electronic Funds Source, LLC (EFS) in its acquisition of T-Chek Systems, Inc., a wholly-owned subsidiary of C.H. Robinson Worldwide, Inc. (C.H. Robinson) (NASDAQ: CHRW), for an aggregate purchase price of $302.5 million in cash. T-Chek is a business-to-business provider of spend management and payment processing services. T-Chek’s technology supports a variety of funds transfer, vendor payment, fuel purchasing and online expense management tools.

Electronic Funds Source, LLC (EFS) is a leading provider of innovative and intelligent customized payment solutions designed specifically to meet the dynamic and competitive transportation industry needs. 

This experience gained prior to joining Bass, Berry & Sims PLC.

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