Milestone’s relevant industry experience, combined with their flexible and collaborative approach to adding value, created a healthy and fruitful environment. They enabled us to invest in people, technology and marketing to set the stage for future growthSean Whaling, Founder and CEO
Based in Austin, TX
Acquired December 2013
Sold August 2017
What We Saw
Differentiated financial services business with a visionary management team leveraging a proprietary technology platform
How We Helped
Milestone Partners edge: Milestone’s industry knowledge, financing partners and operating relationships, combined with our flexible and collaborative approach to value creation, enabled the company to accelerate growth and improve operating efficiency.
Significant investments in growth: eCommission enhanced its sales and marketing ROI through data-driven digital marketing and advertising campaigns. The company developed a proprietary automated underwriting platform, integrated with key marketing partners and data providers, and launched new customer-facing desktop and mobile applications.
Favorable outcome for all stakeholders: During Milestone’s 3.5-year investment period, eCommission’s annual transaction activity and EBITDA nearly doubled, resulting in a favorable outcome for Milestone, our LPs and management.