Deloitte Corporate Finance LLC acted as the exclusive financial advisor to EPS Financial, LLC (EPS) in connection with Drake Enterprises, Ltd.’s (Drake) sale of substantially all the assets of EPS to Meta Financial Group, Inc. (Meta). The transaction closed on Nov. 1, 2016.
Founded in 2009 and headquartered in Easton, Pennsylvania, EPS provides its clients with a full suite of refund settlement product solutions, prepaid card solutions, and merchant services. EPS has grown its long-term relationships with both bank partners and tax software provider partners, meeting the needs of more than 14,000 tax preparers.
EPS Financial, LLC, is a leading provider of comprehensive tax-related financial transaction solutions offering a one-stop-shop for all tax preparer financial transactions. These solutions include a full-suite of refund settlement products, prepaid payroll card solutions, and merchant services.