2
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2
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4
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Organization referenced in documents
EFTA01374935
• Reduced opex and capex by $64 mm • Grew EBITDA from $135 mm to run-rate $165 mm Dividend Recap • Returned $215 mm, —80% of cost, to investors Call Option Sold • Gateway division sold to MasterCard for $159 mm or 26x EBITDA • $74 mm distribution, —30% of cost, to investors Bond Subsidiary Sold • Caller
EFTA01378212
• Reduced opex and capex by $64 mm • Grew EBITDA from $135 mm to run-rate $165 mm Dividend Recap • Returned $215 mm, —80% of cost, to investors Call Option Sold • Gateway division sold to MasterCard for $159 mm or 26x EBITDA • $74 mm distribution, —30% of cost, to investors Bond Subsidiary Sold • Caller

MasterCard
OrganizationAmerican multinational financial services corporation
Alpha Group Capital
OrganizationInvestment management firm
Neustar
OrganizationOrganization referenced in documents
PF EBITDA
OrganizationOrganization referenced in documents