CBORD recapitalizes to expedite growth through new staffing, product development, and acquisitions
This month campus card provider, The CBORD Group, announced a “recapitalization” that brings a “significant,” though not disclosed amount of new funds for product and market growth efforts. According to Bruce Lane, Executive Vice President and Chief Operating Officer, “we identified a opportunity for CBORD to grow faster through a combination of internal growth and external acquisitions to make us a better and larger player in the market.”
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