Global law firm Ashurst is advising Rothschild & Co, as financial adviser to Mara BidCo Ltd. (BidCo) (a newly formed company indirectly owned or controlled by Helios Investors V, L.P., Helios Investors V (Mauritius) L.P. and Helios Fairfax Partners Corporation) on the cash offer for CAB Payments Holdings plc (CAB Payments).
CAB Payments Holdings plc is the holding company for Crown Agents Bank, a UK-regulated institution specialising in FX and cross-border payments for hard-to-reach markets. The bank serves leading institutions across the public, private and development sectors, connecting clients to underserved geographies, with access to over 100 currencies across more than 700 currency pairs.
Helios Investment Partners (Helios) is an Africa-focused private equity firm, headquartered in London. Helios specialises in growth-oriented investments across financial services, consumer goods, telecommunications, and energy, with on-the-ground capabilities spanning more than 30 African countries. Its investor base includes sovereign wealth funds, pension funds and development finance institutions.
The Ashurst team is being led by partners Tom Mercer and Tim Rennie, with support from senior associates Colin Bugler, Connor Lovie and Millie Gibbs and associate Shashtika Sundar.
