SwitchLink Payment Technology Pty Ltd, Cashpoint Payment Solutions Pty Ltd and Star Funding No. 1 Pty Ltd acquired business and assets from Stargroup Limited (ASX:STL) for AUD 8.5 million on March 12, 2018. The purchasers will operate the business through Cashpoint Payment Solutions and SwitchLink Payment Technology. Ron Forster, Michael Scarf, Darren Symons and Rosie Connolly of MinterEllison acted as legal adviser for Cashpoint Payment Solutions and HWL Ebsworth Lawyers Pty Ltd. acted as legal adviser for Stargroup Limited in the transaction. SwitchLink Payment Technology Pty Ltd, Cashpoint Payment Solutions Pty Ltd and Star Funding No. 1 Pty Ltd completed acquisition of business and assets of Stargroup Limited from Stargroup Limited (ASX:STL) on March 12, 2018.