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Navigation Capital Partners announces acquisition of Prepaid Solutions USA

Monday 14 December 2009 09:33 CET | News

Navigation Capital Partners, a US private equity firm, has bought the assets of Prepaid Solutions USA via Prepaid Solutions (PPS), a subsidiary of financial services provider West Suburban Bank.

PPS, which is to be managed by Dan Grotto, is a provider of prepaid/debit services and products for corporate, self-banked and under-banked consumers across US. These products include prepaid Visa-branded cards, promotion cards, payroll cards, product rebate cards, employee incentive cards and custom card programs from a prepaid card issuer. Navigation Capital Partners has named Ken Goins and Eric Ohlhausen as the new CEO and CFO of PPS.


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Keywords: Navigation Capital Partners, Prepaid Solutions USA, West Suburban Bank, Dan Grotto
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce






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