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.
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.
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.
Kroll’s investment banking practice has extensive experience in M&A deal strategy and structuring, capital raising, transaction advisory services and financial sponsor coverage.
Kroll has extensive experience raising capital for middle-market companies to support a wide range of transactions.
M&A advisory, restructuring and insolvency, debt advisory, strategic alternatives, transaction diligence and independent financial opinions.
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