First Annapolis Advises Cielo on the Acquisition of Merchant e-Solutions

July 2, 2012

BARUERI – Cielo S.A. (BM&FBOVESPA: CIEL3 / OTC: CIOXY), Latin America’s leader in electronic payment solutions, announces that it has entered into an agreement to acquire Merchant e-Solutions, a U.S.-based provider of full-service global payment solutions. MeS, founded in 2000, has the latest generation technology platform, developed specifically for the acquiring business, which allowed the company to differentiate itself in the U.S. market. The acquisition of MeS and its best-in-class payment platform reinforces Cielo’s strategy of offering innovative solutions and services to its customers and partners in Brazil.

First Annapolis Consulting, Inc. served as advisor to Cielo.

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