La Fantana 9-mo turnover up 20% Y/Y

Innova has won its third in a series of industry awards. Through sector-based expertise, Innova increased margins and revenues of its debit / credit processor, PolCard. A new management team was put in place during the holding period, leading to an almost 5x cash-on-cash return.  The Unquote judges commented, “Innova was very active even before the company was for sale. They were smart in teaming with a strategic (investor), which persuaded the banks a long term view was Innova’s strategy and ultimately closed the deal. It was truly innovative deal sourcing.” In response, Krzysztof Kulig said, “We’re pleased by the recognition, but in today’s ‘tough times’, there’s no room for complacency. We continue to work harder and smarter too.”