PE-backed ControlScan and EchoSat finalize merger

ControlScan Inc and EchoSat Inc, both of which are portfolio companies of Thompson Street Capital Partners, have merged. No financial terms were disclosed. Croft & Bender served as financial adviser to ControlScan on the deal. Based in Alpharetta, Georgia, ControlScan is a PCI compliance and security company while EchoSat, located in Lexington, Kentucky, is a provider of payment solutions for merchants and businesses of all types.

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