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ECN Capital completes $221M investment in The Kessler Group

ECN Capital Corp. completed its $221.2 million strategic investment in The Kessler Group.

The Kessler Group manages, advises and structures credit card and other consumer portfolios for credit card issuers, banks, credit unions, processors and payment networks.

Macquarie Capital and National Bank of Canada acted as transaction advisers. BMO and CIBC acted as financial advisers. Baker Hostetler LLP and Ropes and Gray acted as legal advisers.