Atlanta-based InComm Expands Digital Prepaid Leadership with Acquisition of Gift Card Impressions
Wednesday, June 6th, 2018
InComm, a leading prepaid product and payments technology company, announced that it has acquired Kansas City-based Gift Card Impressions. GCI provides innovative gift card packaging and digital gifting solutions to physical and online retailers. GCI will become a wholly owned subsidiary of InComm. Its operations and leadership team will remain in Kansas City.
"GCI is on the cutting edge of the digital gift card evolution. They are recognized as the industry leader in delivering stored-value products with a much warmer, personalized and transformative approach," said Brooks Smith, CEO of InComm. "We are excited to add GCI's innovative capabilities and intellectual property to our portfolio of products and services. This transaction also brings us an experienced management team with a great deal of consumer packaged goods industry knowledge that can be leveraged to help drive the growth of physical and digital gift card sales."
GCI is the largest provider of decorative gift card holders in the U.S. With the evolution of the digital gift card industry, the company recognized and expanded its solutions to deliver state-of-the-art, highly personalized, multimedia experiences that can be combined with stored-value products and services.
"We are excited to use our capability, backed by over 95 patents issued globally, to accelerate prepaid industry growth for the benefit of our customers," said Brett Glass, Founder and CEO of GCI. "InComm has been a leader and innovator in the prepaid industry for more than 25 years, and we are thrilled to have the opportunity to build on their outstanding track record of achievement."
Glass and his team will remain with GCI to operate the day-to-day operations of the business.