LLR Partners Invests $30 Million in Midigator

LLR Partners closed a $30 million minority growth equity investment in Midigator, a fully-automated software platform that prevents, analyzes, and manages payment card chargebacks. Key features of the platform include automated chargeback prevention alerts, intelligent chargeback representments, and real-time data analytics and reporting.

LLR is partnering with the existing Midigator management team to help expand product capabilities, fuel sales growth, and build Midigator’s position in the $6 billion per year card-not-present fraud market.