Ashurst Advises Rothschild & Co on Helios-Led Takeover Bid for CAB Payments
"Ashurst is advising Rothschild & Co, financial adviser to Mara BidCo Ltd. (owned/controlled by Helios Investors V entities and Helios Fairfax Partners), on a cash offer to acquire CAB Payments Holdings plc, the parent of Crown Agents Bank. CAB Payments specialises in FX and cross-border payments for hard-to-reach markets, with access to over 100 currencies and more than 700 currency pairs. Helios is a London-headquartered, Africa-focused private equity firm with on-the-ground capabilities in 30+ African countries; the Ashurst deal team is led by partners Tom Mercer and Tim Rennie, supported by Colin Bugler, Connor Lovie, Millie Gibbs and Shashtika Sundar."