The Technology and Fintech teams advised BlueTarp Financial in its definitive agreement to be acquired by Capital One.

BlueTarp delivers customized business-to-business credit management programs to merchants and small- to medium-sized companies. It allows for a seamless purchase-to-payment process featuring a combination of accounts receivable management tools, cash flow and risk protection, with optional collections and customer support. These programs will provide additional servicing capabilities and broader financial offerings for Capital One’s co-brand and private-label credit card partnerships clients.

The Goodwin team was led by John Mutkoski and included partners Janet Andolina, Natascha George, Joel Lehrer, Robert Hale, Paul Jin and Deborah Birnbach, counsel Ai Tajima, and associates Aaron Berman, Todd Pollock, Morgan FrisoliLee Douthitt and William McCurdy.

For more details on the acquisition, read the press release.