Longshore Capital is pleased to announce that it has completed the acquisition of National Gift Card (“NGC” or the “Company”). NGC, headquartered in Crystal Lake, IL, is a leading provider of prepaid payments solutions and secure gift card fulfillment services to the loyalty, rewards, and incentive industry. The Company’s gift card operational experts, strategic partnership agency team, and technology integrations collectively source and deliver gift cards from over 500 international brands, both physically and digitally, across the United States, Canada, and Europe using the industry’s highest levels of security, quality, and speed.
NGC’s President, Eric Thiegs, stated, “This relationship puts NGC in position to continue its industry leadership as an independent sourcing and fulfillment provider to the B2B loyalty, rewards, and incentive marketplace. The acquisition by Longshore also provides NGC deeper talent support on its Board and greater resources for its continued expansion and development of best-in-class prepaid payments solutions and gift card fulfillment services.” “We are excited about this new phase for NGC,” he added. “There are great opportunities ahead of us.”
Ryan Anthony, Partner at Longshore Capital, remarked, “the NGC team has built an impressive business and we look forward to working with them to accelerate the Company’s rapid growth trajectory.”
If you have questions regarding this transaction or would like to discuss other opportunities in the technology-enabled business services industry, please contact Ryan Anthony of Longshore Capital at (312) 237-3838.
About Longshore Capital Partners
Longshore Capital Partners is a middle-market private equity manager investing out of its inaugural $210 million fund. Longshore focuses on control positions in services businesses in North America with between $5 million and $15 million of EBITDA. The team has extensive experience partnering with founders and management of businesses in the lower middle-market and brings a systematic approach to creating shareholder value by helping to execute on a shared strategic plan.
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