Hudson Executive Capital LP purchased $6.93M worth of shares in USA Technologies, Inc. in August 2019

Sep 08, 2019
Insider Transactions
Background Information
USA Technologies, Inc. engages in the provision of technology-enabled solutions and value-added services that facilitate electronic payment transactions. It offers Internet of Things (\"IoT\") and machine-to-machine (\"M2M\") services, which include the ability to remotely monitor, control, and report on the results of distributed assets containing the electronic payment solutions. The company was founded by George Raymond Jensen Jr. in January 1992 and is headquartered in Malvern, PA.
Hudson Executive Capital is an investment management firm formed to identify opportunities where actionable strategic and corporate finance solutions can drive returns through Constructive Engagement with managements, boards and shareholders. The Founding Partners' strategic and operational experience, corporate finance expertise and extensive network of relationships will be directed towards value-oriented investment opportunities in industry verticals representing more than 80% of the S&P 500. The Firm's Founders and portfolio management team, working alongside the Firm's CEO Partners, will leverage their industry experience in Financial Services, Healthcare, Technology/Media/Telecommunication, Consumer/Retail and General Industrials. The Firm is founded by Douglas L. Braunstein, former Vice Chairman, JPMorgan Chase & Co, and James C. Woolery, former Chairman-elect, Cadwalader, Wickersham & Taft LLP.