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Deal Note: Crowell & Moring Advises on H.I.G.'s Acquisition of Pegasus Financial Services

Washington, D.C. - April 23, 2013: Crowell & Moring LLP represented Pegasus Solutions, Inc., in the sale of its former division, Pegasus Financial Services (PFS) to H.I.G. Capital, LLC. Pegasus Solutions is the single largest processor of electronic hotel transactions, and PFS is the world’s largest processor of commissions paid by hotels to travel agencies. H.I.G. is a leading global private equity investment firm. The transaction closed on April 22, 2013.


Christine Elfmann
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Crowell & Moring LLP is an international law firm with more than 500 lawyers representing clients in litigation and arbitration, regulatory, and transactional matters. The firm is internationally recognized for its representation of Fortune 500 companies in high-stakes litigation, as well as its ongoing commitment to pro bono service and diversity. The firm has offices in Washington, DC, New York, Los Angeles, San Francisco, Orange County, London, Brussels, and Shanghai.

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