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eCard Systems

The Deal

Bought By
Benjamin Berg
Year
2017
Vehicle
Backed by Housatonic Partners, Search Fund Partners and The Operand Group
Kind
Physical operations

A Nashville printer of gift cards, loyalty cards and the packaging around them, sold to the retailers and restaurants that issue them.

What Happened Next

Operating under its searcher-CEO six years on. One backer's own release of a late-2023 growth investment calls him a search fund entrepreneur who acquired the company in 2017 with an investor group including that backer. The index host names him chief executive beside its own 2017 investment and records its own exit in 2023.

The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.

Backed by the Same Firms

Housatonic Partners

Search Fund Partners

The Operand Group

Method & Source

This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts rather than inferred.