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PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Personalized Loyalty Solutions Provider Exchange Solutions Raises Growth Funding

April 14, 2021 GMT

BOSTON & TORONTO--(BUSINESS WIRE)--Apr 14, 2021--

Exchange Solutions, a personalized loyalty solutions provider, recently completed a recapitalization and growth round led by Clipper Ship Ventures. The growth capital will be used to expand sales and marketing efforts throughout North America and expand the company’s SaaS loyalty and personalized offers capabilities.

“This new investment enables us to accelerate momentum through direct sales and partnerships, and to further establish our market leading position in personalized loyalty solutions,” said Mike Hughes, CEO of Exchange Solutions. “We are entering the next phase of growth at Exchange Solutions and are very excited to partner with Clipper Ship to capitalize on the opportunity before us.”

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For more information about Exchange Solutions please visit exchangesolutions.com.

About Exchange Solutions

Exchange Solutions is a cloud-based marketing technology company that delivers personalized loyalty solutions to retailers enabling them to build deeper and more profitable engagement with their consumers. With more than 20 years of experience in the industry, Exchange Solutions transforms loyalty programs and promotions from being costly applications to productive and profitable capabilities for clients across various verticals in the US and Canada. Current clients include Harry Rosen, Kent Building Supplies, Esso™ and Mobil™, Sobeys Inc., Rexall Pharmacy Group, Lowe’s, and Today’s Shopping Choice.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210413006067/en/

CONTACT: Exchange Solutions

Kelly McLean

Director, Marketing

kmclean@exchangesolutions.com

KEYWORD: UNITED STATES NORTH AMERICA CANADA MASSACHUSETTS

INDUSTRY KEYWORD: SOFTWARE SUPPLY CHAIN MANAGEMENT INTERNET OTHER RETAIL PROFESSIONAL SERVICES DATA MANAGEMENT TECHNOLOGY RETAIL MARKETING ADVERTISING COMMUNICATIONS FINANCE

SOURCE: Exchange Solutions

Copyright Business Wire 2021.

PUB: 04/14/2021 02:00 AM/DISC: 04/14/2021 02:00 AM

http://www.businesswire.com/news/home/20210413006067/en