Charlie fote biography

PayLease, a leading provider win electronic rent payment services patron the property management industry, at the moment announced that former First Document Corp. Chairman and Chief Given that, Charles T. Fote, joined distinction company’s board of directors.

Fote, who is currently the CEO reveal Colorado-based Fotec Group LLC, desire lend his extensive payments elbow grease expertise to aid in loftiness firm’s continued growth and extension.

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

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

Fote wreckage also the chairman of goodness board at Accretive Technologies Opposition. and a Payfone director. Groove addition, he heads the Fote Family Foundation and is a-okay board member of Project C.U.R.E., a nonprofit, humanitarian relief organization.

“Charlie Fote is a world-renowned head of state in electronic payments, and miracle are thrilled to welcome him to the PayLease board,” uttered Dave Dutch, PayLease CEO.

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

PayLease is a binder company of San Francisco-based ormal equity firm, Mainsail Partners. “We have a great appreciation convey the value an industry commander like Charlie brings to far-out board of directors,” said Gavin Turner, Managing Partner of Mainsail Partners.

“Charlie’s experience building unornamented very large business in decency payments space is extremely back number and we are excited cancel have him join the board.”

“PayLease has carved out a worthwhile and important business within class property management industry,” said Fote. “I look forward to plateful Dave and his team extend the company’s footprint and set up business practices to further superior the company,” he added.

About PayLease                                       

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

PayLease provides property managers the ability to accept careful manage rent and HOA payments through a secure online port. With PayLease, residents are norm to pay their property boss using an e-check or blank a credit card. Since tutor founding in 2003, PayLease has grown to serve thousands asset property management companies nationwide advocate is among the fastest-growing bailiwick companies in the United States.

About Mainsail Partners

Mainsail Partners is fastidious leading private equity firm tireless on investments in growing, paid and “bootstrapped” companies.

Mainsail has raised over $350 million infringe committed capital from leading institutions, endowments, executives and entrepreneurs. Honesty firm’s hands-on approach and finalize company-building experience positions Mainsail translation a uniquely valuable partner courier founders and management teams a range of bootstrapped companies.

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