Hightech Payment Systems S.A. (CBSE:HPS) and HPS agreed to acquire CR2 Ltd. on May 24, 2024. In the 12 months to June 2023, CR2 generated revenues of ?23.8 million. The transaction is subject to customary regulatory conditions and is expected to close in the coming months.

Evercore Advisors I LLC is serving as exclusive financial adviser to HPS. Norton Rose Morocco SARL and Matheson LLP are serving as legal advisers to HPS.