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Deal Summary McColl Partners served as financial advisor to Enhancement Services Corporation (ESC), a vendor to the debit and credit card industry, on its sale to Total System Services, Inc.® (TSYS®), an independent, global transaction processing company. Dave Vorhoff and Phil Colaco led McColl Partners’ execution of this transaction and were supported by Jamie Lewin, John Fennebresque, and Derek Brown.
ESC’s strength as a provider of cost-effective and flexible reward programs adds significant value to TSYS’ portfolio of products and equips the combined company to better serve an industry that recognizes the power of loyalty rewards in leveraging credit card programs. Research indicates that cardholders who benefit from a loyalty program spend four-to-five times more than cardholders without a loyalty reward program. The acquisition of ESC will enhance TSYS’ positioning among the growing number of financial institutions who recognize the benefits of comprehensive, single-vendor credit card management.
About ESC ESC, headquartered in Roswell, Georgia, specializes in applications for the credit and debit card industry, hosting payment programs for more than 40 national and regional financial institutions in the United States. ESC launched operations in 1996 as a business unit within a company owned by current CEO and President Steve Wilson. ESC was created with the sole purpose of providing best-in-class loyalty marketing services in the credit and debit card marketplace.
About McColl Partners McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle market companies. With significant experience working with entrepreneurs, family-owned businesses, public companies, private equity groups, and divisions of larger companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.
To learn more about our expertise in financial services industry in general and the transaction processing segment in particular, please call Phil Colaco at 704-333-0533. More information about McColl Partners can be found at www.mccollpartners.com.
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