New York, June 1, 2016 — Searchlight Capital Partners, L.P. (“Searchlightâ€�) today announced that funds managed by it have made a significant investment in Harbortouch Payments, LLC (“Harbortouchâ€� or the “Companyâ€�) in partnership with the Company’s founder and CEO, Jared Isaacman, to support Harbortouch’s next phase of growth. Isaacman will remain the CEO of the Company, which he has led since 1999. Under Jared’s leadership, Harbortouch has become one of the fastest growing providers of integrated payment processing and point of sale (“POSâ€�) system solutions. Throughout the Company’s 17-year history, Harbortouch has served over 250,000 small and medium businesses (“SMBsâ€�) across the United States and presently processes more than $10 billion in annual bankcard volume.

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