CPI (NASDAQ:PMTS), a payments technology leader providing a comprehensive range of physical and digital payment solutions, today announced it has acquired the TRISM on-premise instant issuance solution assets from HID Global Corporation ("HID").

The all-cash transaction was completed on June 23, 2026, and includes transition service arrangements to support operational continuity. The transaction was funded entirely with cash on hand and is not expected to impact CPI’s net leverage. CPI will not assume any debt or cash in the transaction.