Weil advised H&R Block, Inc., a provider of tax preparation and other services, in its $405 million acquisition of Wave Financial Inc. (Wave), a provider of payment processing, payroll services and bookkeeping services bundled with free accounting, invoicing, and receipt-tracking software for small business owners. The transaction closed July 01, 2019.
The Weil team that advised H&R Block was led by Mergers & Acquisitions partner Raymond Gietz and included Mergers & Acquisitions associates Dov Kogen, Michael Chenkin and William Rosemberg (Not Yet Admitted in New York). The team also included Capital Markets partner Corey Chivers; Technology & IP Transactions partner Jeffrey Osterman; Tax partner Devon Bodoh; Executive Compensation & Benefits partner Amy Rubin; Insurance counsel Gabriel Gershowitz; Environmental counsel Thomas Goslin; Antitrust counsel Vadim Brusser; Technology & IP Transactions associates Phillip Grudzina and Rami Sherman; Tax associates Eric Remijan, Irene Kim and Steven Ort; and White Collar Defense, Regulatory and Investigations associate Timothy Welch.