January 13, 2013

Chicago Growth Partners and Trident Capital Invest in 2Checkout

Posted by Tyler Ransburgh

2Checkout is excited to announce its new partnership withChicago Growth Partners(CGP) andTrident Capital. The investment will help position us for aggressive growth in the coming years.

“We are thrilled to have both Chicago Growth Partners and Trident Capital as partners,” said Tom Dailey, 2Checkout CEO. “We appreciate their confidence in the 2Checkout management team and our vision for the future of online payments. Both partners have tremendous industry, operational and marketing expertise that will help us better serve our customers and continue to grow the business globally.

Devin Mathews, Chicago Growth Partners Managing Partner, added, “We are excited about the product offerings and growth opportunities at 2Checkout. We see great potential to leverage CGP’s core strengths to enhance 2Checkout’s technology, scale the organization and achieve significant growth.”

“The online and mobile payments industry is rapidly evolving and we look forward to helping 2Checkout capitalize on this significant market opportunity,” said Senior Managing Director and Trident Co-Founder, Don Dixon. “By combining Trident’s deep knowledge of payments and technology with 2Checkout’s robust payment processing platform, we’re extremely confident in bringing to market a highly differentiated online payments solution for businesses.”