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Capital Card Systems was acquired by IdentiSys; Includes Prosperty Plus Advisement

5 Apr, 2012


Smithtown, NY - March 31, 2012 - Prosperity Plus Management Consulting, Inc. today announced that Capital Card Systems Inc. has been sold to Identisys Inc.  Prosperity Plus advised Tim Jett and Pete Drake, the owners of Capital Card Systems, throughout the transaction.
 
Capital Card, headquartered in Rockville, MD is an identification and security systems company serving the greater Washington DC area.  Capital Card Systems, Inc. delivers complete identification and security system solutions for corporate, education, healthcare, government and financial applications.
 
When asked about the sale, Tim Jett was quoted as saying, "We are honored to have our group join the Identisys team. IdentiSys has an excellent reputation for taking care of their employees and customers.  This was a critical concern as Pete and I transition out of Capital Card Systems."

Day-to-day operations at Capital Card will continue under the guidance of Mike Shields and the IdentiSys management team.

For more information please contact Jim Kahrs at Prosperity Plus Management Consulting, Inc, 631-382-7762 or jkahrs@prosperityplus.com.
 
Specific terms behind the acquisition were not disclosed.




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