NJ-based CompoSecure, combining science and art for laser engravable ID cards and luxury metal cards, is getting financial backing. LLR Partners is ponying up for sales and marketing expansion as well as continued product development.
The company’s laser engravable ID cards and luxury metal card manufacturing services are designed for card issuers in multiple industries, including financial services, government, security, retail, gifting, resorts and casinos. It also offers durable, composite prelaminated products and sub-assemblies to other plastic card manufacturers.
CompoSecure’s innovative product development, state-of-the-art in-house contract manufacturing and commitment to security enabled it to launch the first prestigious metal card program in 2003 and go on to become the sole provider of proprietary metal cards to many of the largest credit card issuers. By offering card products that differentiate each client, CompoSecure helps increase clients’ brand equity in the marketplace and elevate the traditional transaction process to a special cardholder experience.
Founded in 1999 and with more than $2 billion raised across four funds, LLR is a flexible provider of capital for growth, recapitalizations and buyouts.
For data, background and forecasts on CompoSecure: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).