has issued

Series B Preferred Stock

to an investor group led by




ControlScan provides Payment
Card Industry security
compliance solutions.

The undersigned acted as financial advisor to ControlScan in this Transaction

ControlScan

Description

ControlScan provides Payment Card Industry (PCI) security compliance solutions focused exclusively on the large and underserved small- and medium-sized business (SMB) market. The Company is the only provider focused exclusively on SMB merchants and has uniquely tailored its services to meet SMB merchants’ needs for easily-implemented and cost-effective PCI compliance solutions.

Situation

Croft & Bender was hired by the Company to raise growth equity to continue the rapid growth and development of new products for its partners and customers. Croft & Bender led the Company through a process that included identifying potential partners, drafting the offering memorandum and related materials, marketing the Company, evaluating offers, selecting a partner, and negotiating the transaction.

Result

Croft & Bender successfully raised growth capital for the Company, with Harbert Venture Partners as the lead investor. C&B Capital also participated in the transaction.