Eckoh plc (AIM:ECK) acquires Product Support Solutions, Inc.
MINNEAPOLIS (December 1, 2015) — Wipfli Corporate Finance Advisors LLC (WCF) is pleased to announce the successful sale of its client, Product Support Solutions, Inc. (PSS), to Eckoh plc (Eckoh), a publicly traded United Kingdom-based provider of secure payment products and customer service solutions.
PSS, headquartered in Dublin, California, began operations in 2002, and is a worldwide leader of contact center third party support. In the United States, United Kingdom, and Australia, millions of customers and hundreds of companies use platforms and applications designed, deployed, and managed by the company.
"This transaction represents a significant partnership for PSS, and WCF is proud to have served as the company’s exclusive financial advisor,” said Jeff Milkie, WCF’s managing director and investment banking practice leader. “We believe in the strength of PSS’s management and the quality of its service offering and feel this transaction will serve as a catalyst for the continued growth of both organizations."
Financial terms of the transaction were not disclosed.
"We are excited about joining Eckoh and working with like-minded colleagues who have the same passion to make our customers successful. Together we have an even broader offering of contact center solutions and services to offer them.” said Todd Funk, President of PSS. "We relied heavily on WCF's experience and professional advice to guide us through the process of this important transaction."
PSS' investment banking team at WCF is led by Jeff Milkie and Paul Ouweneel.
About WCF Advisors LLC
Wipfli Corporate Finance Advisors (WCF), a subsidiary of Wipfli LLP, provides a broad range of investment banking services tailored for middle market companies. Services include selling all or a majority of a client’s business, raising debt and/or equity capital, and advising on and executing a client’s acquisition strategy. WCF’s clients benefit from the team’s diverse experience providing investment banking services to private market investors, multi-billion-dollar global corporations, and middle-market companies across multiple sectors. In addition, WCF incorporates the extensive industry knowledge of its parent firm’s 175 partners and 1,500 associates. WCF is headquartered in Minneapolis, Minnesota, with offices throughout the Wipfli LLP footprint. The company’s associates are registered representatives through Rippe & Kingston Capital Advisors, Inc., a broker dealer registered with the SEC and FINRA. Investment banking and corporate finance advice is offered through Rippe & Kingston Capital Advisors, Inc.
About Product Support Solutions, Inc.
Product Support Solutions, a privately held company located in Dublin, California, provides service and support for Interactive Voice Response systems and other infrastructure systems in the contact centers of large enterprises through the United States and internationally in the United Kingdom and Australia. The company was incorporated in California in 2002.