eCard Systems, LLC (“eCard” or the “Company”) received an investment from Housatonic Partners (“Housatonic”).
The Business Services Investment Banking practice of Kroll served as a financial advisor to eCard in connection with the investment.
About eCard Systems
eCard Systems is a premium provider of outsourced gift card solutions for more than 100,000 merchants in the restaurant, retail and hospitality industries in the U.S. and abroad. The company provides a comprehensive suite of gift card products and processing services, with easy-to-use online ordering and high-touch customer service.
Polsinelli PC served as legal counsel to eCard in connection with the transaction.
About Housatonic Partners
Housatonic Partners, founded in 1994, is a private equity investment firm with more than $1.5 billion in capital under management. The firm invests in growing, profitable businesses with highly recurring revenue. Housatonic Partners has backed exceptional management teams in more than 100 small to mid-sized companies over the last 28 years.
Dorsey & Whitney LLP served as legal counsel to Housatonic Partners in connection with the transaction.