The amount of the transaction was not disclosed.
Warburg Pincus’ investment is designed to help the company expand internationally, mainly in Asia and Europe, both organically and through strategic acquisitions, .
Established in 1992 by Brooks Smith, Chief Executive Officer, InComm provides stored value, gift and prepaid products, services and transaction technologies to retailers, brands and consumers. It supports more than 250,000 retail locations in building prepaid card destinations, connects brands with new markets and gives consumers a simple, secure shopping experience.
The company also has offices in North and South America, Europe and the Asia-Pacific region.