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EVERTEC unit buys assets of data processing company for $10M

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EVERTEC unit buys assets of data processing company for $10M

EVERTEC Inc. unit EVERTEC Group LLC closed its purchase of certain assets of Accuprint Inc., a data processing and printing company that provides services to banks and insurance companies as well as nonfinancial companies.

EVERTEC paid a purchase price of approximately $10 million, and the deal was completed with cash on hand. The acquisition price included an estimate of contingent consideration.