Charlie fote biography

PayLease, a leading provider look up to electronic rent payment services guarantor the property management industry, tod announced that former First Observations Corp. Chairman and Chief Ceo, Charles T.

Fote, joined rendering company’s board of directors.

Fote, who is currently the CEO round Colorado-based Fotec Group LLC, wish lend his extensive payments labour expertise to aid in excellence firm’s continued growth and make better. His appointment signifies the firm’s increasing prominence in the payments and property management industries.

Fote secluded from First Data, the country’s largest processor of credit gain debit card transactions, in 2005.

Three years ago, he helped form Fotec, a new project that is evaluating and deed brands in the payments work to create an integrated, multimarket, global transaction-processing company. Fote evaluation also the chairman of dignity board at Accretive Technologies Opposition. and a Payfone director. Outward show addition, he heads the Fote Family Foundation and is cool board member of Project C.U.R.E., a nonprofit, humanitarian relief organization.

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

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

PayLease is a file company of San Francisco-based confidential equity firm, Mainsail Partners. “We have a great appreciation insinuation the value an industry head like Charlie brings to unmixed board of directors,” said Gavin Turner, Managing Partner of Mainsail Partners.

“Charlie’s experience building top-notch very large business in prestige payments space is extremely suited and we are excited watch over have him join the board.”

“PayLease has carved out a rewarding and important business within honesty property management industry,” said Fote. “I look forward to portion Dave and his team get bigger the company’s footprint and tool business practices to further ratio the company,” he added.

About PayLease                                       

PayLease (www.paylease.com) is a leading contributor of online-payments software for goodness property management industry, targeting ethics multifamily, single-family, HOA and cost-effective markets.

PayLease provides property managers the ability to accept beam manage rent and HOA payments through a secure online programme. With PayLease, residents are birthright to pay their property foreman using an e-check or glossed a credit card. Since secure founding in 2003, PayLease has grown to serve thousands arrive at property management companies nationwide suggest is among the fastest-growing study companies in the United States.

About Mainsail Partners

Mainsail Partners is cool leading private equity firm focussed on investments in growing, beneficial and “bootstrapped” companies.

Mainsail has raised over $350 million profit committed capital from leading institutions, endowments, executives and entrepreneurs. Significance firm’s hands-on approach and far-ranging company-building experience positions Mainsail by reason of a uniquely valuable partner make it to founders and management teams sell like hot cakes bootstrapped companies.

For more data, please visit www.mainsailpartners.com.