|July 20, 2018 – Chicago, IL – LaSalle 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 LaSalle 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 LaSalle 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 LaSalle Capital at (312) 236-7041.
LaSalle Capital is a leading private equity firm with extensive experience in the lower middle market. We currently manage two funds totaling over $345 million in capital. LaSalle has a proven track record of partnering with management teams to increase value in our companies by providing strategic operating focus and driving growth organically and through acquisitions. We have domain expertise and investment focus in two industry sectors: technology-enabled business services and food and beverage.