GTCR Agrees to Sale of Dash Financial

Flexpoint Ford is backing a management buyout of Dash Financial Technologies from private-equity firm GTCR.

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Maragos will remain as CEO and Karat will stay in his current role as chief creative officer. Flexpoint managing director Steven Begleiter will serve as the company’s non-executive chairman and will be joined on the board by Daniel Edelman, principal of Flexpoint. Financial terms of the deal were not disclosed.

“David and I believe very strongly in the business and team we have here,” Maragos tells WatersTechnology. “I’m 41, David’s 45, and we’re both very passionate about what we’re doing, so

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