Matheson LLP, alongside Norton Rose Fulbright Paris, advised HPS (CSE: HPS), a leading global provider of payment software and solutions, on its acquisition of CR2, a digital banking and payments software company headquartered in Dublin, Ireland.
The Matheson team was led by London-based corporate partner Sandie Lord, with senior associates Jenny Keenan and Katherine Hall.
Commenting on the deal, Sandie Lord, partner in the firm's Corporate M&A team said:
"We are delighted to have worked with Norton Rose Fulbright in supporting HPS on this deal. It is a significant transaction in the Irish M&A market and is another great example of how domestic Irish companies are an attractive proposition to the most significant global players."
Nacer Amraoui, M&A Director of HPS commented:
“We are pleased to announce this transaction and excited to join forces with CR2. CR2 is a leading Irish company in the digital banking space and this deal represents a significant milestone in its impressive growth trajectory. We value the support and dedication from Norton Rose Fulbright and Matheson LLP in providing legal advice to HPS on this deal”.
The transaction is subject to customary regulatory conditions and is expected to close in the coming months.
With a wealth of experience across our six partner led offices worldwide, Matheson has some of the most experienced corporate lawyers in Ireland. This transaction is a further example of the strength and depth across our market leading Corporate M&A team and our experience delivering for clients on complex and innovative domestic and international corporate transactions across all industry sectors.
Matheson's M&A team is recognised as one of Ireland's leading M&A advisers by deal volume. The firm has more Corporate M&A lawyers ranked by Chambers & Partners than any other Irish law firm. For more information about our legal services, please contact a member of the Corporate team or your usual Matheson contact.
About HPS
HPS is a multinational company and a leading provider of payment software and solutions for issuers, acquirers, card processors, independent sales organisations (ISOs), retailers, mobile network operators (MNOs), and national & regional switches around the world.
PowerCARD is HPS’s comprehensive suite of solutions that covers the entire payment value chain by enabling innovative payments through its open platform that allows the processing of any transaction coming from any channel initiated by any means-of-payment. PowerCARD is used by more than 500 institutions in over 95 countries.
HPS has been listed on the Casablanca Stock Exchange since 2006 and has offices located in major business centres across Africa, the Americas, Asia-Pacific, Europe, and the Middle East.
For more information, please visit: www.hps-worldwide.com
