Crain’s Chicago Business: GTCR Hands Off Fintech Firm to Founders and a Local Peer

By Jen Fagenson

March 7, 2018

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For a private equity firm to do business with another isn’t exactly unheard of, but the particulars of a fintech deal today between Chicago heavyweight GTCR and a local peer, Flexpoint Ford, are indeed a bit unusual writes Lynee Marek of Crain’s Chicago Business.

GTCR said in a statement that it’s selling New York-based Dash Financial Technologies to that company’s co-founders, Peter Maragos and David Karat, who in turn partnered with Flexpoint to make the purchase.

To read the full article, click here.