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Cardworks Announces Acquisition Of Dataline Systems To Expand Services For Lenders And Asset Managers
Acquiring Company
CardWorks
Acquired Company
Dataline Systems
Description
CardWorks Servicing, LLC ("CWS"), a wholly-owned subsidiary of CardWorks, Inc. ("CardWorks") and one of the largest privately-held providers of end-to-end outsourcing support services for credit card and installment loan products in North America, today announced it has successfully completed the acquisition of Dataline Systems, LLC ("Dataline"). Founded in 1986, Dataline is an Apopka, Fla.-based privately-held provider of business process outsourcing and financial services operations support. Financial terms of the transaction were not disclosed.