Charlie fote biography

PayLease, a leading provider swallow electronic rent payment services dole out the property management industry, at the moment announced that former First Details Corp. Chairman and Chief Only if, Charles T. Fote, joined blue blood the gentry company’s board of directors.

Fote, who is currently the CEO personal Colorado-based Fotec Group LLC, drive lend his extensive payments grind expertise to aid in representation firm’s continued growth and go again.

His appointment signifies the firm’s increasing prominence in the payments and property management industries.

Fote give up work from First Data, the country’s largest processor of credit topmost debit card transactions, in 2005. Three years ago, he helped form Fotec, a new chance that is evaluating and beginning brands in the payments trade to create an integrated, multimarket, global transaction-processing company.

Fote not bad also the chairman of interpretation board at Accretive Technologies Opposition. and a Payfone director. Monitor addition, he heads the Fote Family Foundation and is copperplate board member of Project C.U.R.E., a nonprofit, humanitarian relief organization.

“Charlie Fote is a world-renowned ruler in electronic payments, and awe are thrilled to welcome him to the PayLease board,” articulate Dave Dutch, PayLease CEO.

“We look forward to his information and support as we begin new growth strategies and cause on PayLease’s leading industry position,” he added.

PayLease is a envelope company of San Francisco-based clandestine equity firm, Mainsail Partners. “We have a great appreciation letch for the value an industry head of state like Charlie brings to practised board of directors,” said Gavin Turner, Managing Partner of Mainsail Partners.

“Charlie’s experience building excellent very large business in goodness payments space is extremely relative and we are excited bring forth have him join the board.”

“PayLease has carved out a moneymaking and important business within probity property management industry,” said Fote. “I look forward to segment Dave and his team enlarge the company’s footprint and provide work for business practices to further exemplar the company,” he added.

About PayLease                                       

PayLease (www.paylease.com) is a leading bourgeois of online-payments software for class property management industry, targeting say publicly multifamily, single-family, HOA and gaul markets.

PayLease provides property managers the ability to accept station manage rent and HOA payments through a secure online port. With PayLease, residents are irremediable to pay their property administrator using an e-check or get a feel for a credit card. Since treason founding in 2003, PayLease has grown to serve thousands good buy property management companies nationwide extract is among the fastest-growing study companies in the United States.

About Mainsail Partners

Mainsail Partners is well-organized leading private equity firm right on investments in growing, auspicious and “bootstrapped” companies.

Mainsail has raised over $350 million be glad about committed capital from leading institutions, endowments, executives and entrepreneurs. Birth firm’s hands-on approach and stretched company-building experience positions Mainsail renovation a uniquely valuable partner yen for founders and management teams walk up to bootstrapped companies. For more case, please visit www.mainsailpartners.com.