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  1. CPI Acquires iD Data

    CPI Card Group (“CPI”), a Fund IV portfolio company, has acquired certain assets of iD Data Cards, Ltd. (“ID Data”).  ID Data is a leading provider of financial payment cards and EMV chip cards to the Western European market and operates a VISA and MasterCard accredited facility in the United Kingdom.  This acquisition further enlarges CPI’s global network of VISA and MasterCard accredited facilities and allows CPI to serve the EMV bank card and prepaid debit card markets on an expanded global basis.  The transaction closed in May 2012.

    CPI, a global leader in financial payment card production and services, offers a single source for card production, data personalization, security packaging and card fulfillment services.  CPI is a certified producer of products and services under the VISA, MasterCard, American Express and Discover card association brands.  CPI has eight facilities in the United States, Canada and Western Europe and offers the largest network of certified secure facilities in North America.

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