White & Case LLP has advised CD Holding Internationale SAS, owned by French cooperative Up Group on the acquisition of European Payment Solutions NV (EPS), which provides technology to businesses enabling the acceptance of card payments across Europe.

Up Group provides social and cultural prepaid vouchers and cards focusing on employee benefits, networks engineering and management, public and social programs, and business expense management. The company, led by Jacques Landriot, Youssef Achour, Catherine Coupet, Bertrand Léger and Yvon Legrand, is based in Gennevilliers (FR). Up Group acquired Monizze, a Belgian company which focuses on the digitalization of meal vouchers, eco-cheques and gift cards, during 2015. As a result of Up Group's acquisition of EPS, which was previously owned by PayFair Holding BV, Monizze will be able to process and develop the digital and payment technology required to operate its electronic vouchers. The White & Case team in Brussels which advised on the transaction was led by partner Thierry Bosly with support from associates Marie Georgy, Laurent Lantonnois and Aurélie Cautaerts. Involved fees earner: Thierry Bosly - White & Case; Marie Georgy - White & Case; Laurent Lantonnois van Rode - White & Case; Aurélie Cautaerts - White & Case;