Ixaris was at 4 million EBITDA, with a strong executive team seeking to continue to drive growth.
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Ixaris Systems operates the Entropay brand of VISA and MasterCard virtual prepaid credit cards, providing an instant, global solution for making and receiving online payments.
Ixaris was at 4 million EBITDA, with a strong executive team seeking to continue to drive growth. The leadership team decided that an industry-recognised chairman should be appointed to act as an ambassador and build the company's brand both in the UK and overseas.
La Fosse was approached by the Ixaris CEO and Founder, Alex Mifsud, after having successfully placed the Ixaris CIO. The Chairman search required the expertise and tact necessary to navigate the tightly-knit pool of executive talent in the Financial Services industry. Throughout the process, La Fosse worked closely with Alex, taking into account the importance of finding the perfect match for his criteria, as a Founder employing a Chairman for the first time.
We engaged with passive candidates and asked for recommendations from senior placements made in similar businesses, leading us to formulate a shortlist of 5 candidates, of which 1 was accepted.