McColl Partners, LLC acted 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.
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's positioning among the growing number of financial institutions who recognize the benefits of comprehensive, single-vendor credit card management.
About Enhancement Services Corporation
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, LLC
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 private equity groups, entrepreneurs, family-owned businesses, public companies, financial institutions, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.
For more information about our Financial Services Group, please contact Phil Colaco or Brian Davis at (704) 333-0525. More information about McColl Partners can be found at www.mccollpartners.com.
