Proskauer represented DNA Payments on the deal. DNA Payments executed the acquisition of payment solutions provider CR7 Services Ltd.
The acquisition will enable DNA Payments to bring its operating experience in the payments sector to help CR7 Services Group move into the next stage of its growth journey.
Established in 2014, the CR7 Services group is a UK-based provider of payments solutions, with its offerings including both a proprietary processing platform and retail payment software solutions.
The Proskauer team comprised partner Andrew Wingfield (Picture) with associates Jacqueline Ball, Harriet West and Jack Morant.
Law Firms: Proskauer Rose LLP;
Clients: DNA Payments;
LONDON– DNA Payments (DNA), the ambitious new entrant to the UK payments market, has acquired CR7 Services (CR7), the fast growing, UK-based payment solutions provider. Advised by Proskauer Rose LLP and PwC LLP, the transaction marks DNA’s first acquisition as it looks to expand.