FF&P backs MBO of British company CreditCall
FF&P and Bestport Ventures have taken a majority stake in British payment technology business CreditCall.
Following the transaction, management hopes to branch out into emerging markets and strengthen the revenue flow of the company, by developing its product range.
Company
Bristol-based CreditCall provides payment processing services and payment technology across Europe, Canada and the US. CreditCall makes it possible to make credit or debit payments at unattended machines or via the internet.
People
Henry Sallitt of FF&P and James Stoddart of Bestport led the MBO. Peter Turner is CEO of CreditCall.
Advisers
Equity – Speechly Bircham (Legal); RSM Tenon Corporate Finance (Corporate finance).
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