CardFlight, a leading SaaS payment technology company, announced that it has received a significant minority investment from WestView Capital Partners (WestView), a Boston-based growth equity firm focused on partnering with middle-market companies. The investment will enable CardFlight to further develop its suite of payment solutions, enhance its software offerings, and continue to expand the number of small businesses and merchant partners it serves across the United States.
Latham & Watkins LLP represented WestView in the transaction with a corporate deal team led by Boston partner Nate Amory, with associates Pat Argenio, Gabrielle Carusello, Jennifer Danilenko, and Sydney France. Advice was also provided on tax matters by Bay Area partner Grace Lee; on compensation and benefits matters by Boston partner Josh Friedman, with associate Rebecca Fishbein; on intellectual property matters by Boston partner Sarah Gagan, with associates Matthew Snyder and Alex Theuer; on data privacy matters by Washington, D.C. partner Clayton Northouse, with associate Kiara Vaughn; on payments matters by Washington, D.C. partner Parag Patel; on insurance matters by Los Angeles partner Drew Levin and San Diego/Los Angeles counsel Hannah Cary, with associate Enrique Covarrubias; and on finance matters by Boston partner Susan Parker, with associate Matthew Farina.