 In August 2011, private equity firm GTCR acquired the controlling interest in BankServ, poising the company for expansion and growth.GTCR's portfolio of more than 25 companies includes fast-growing firms in the financial services and technology, healthcare and information services and technology fields.GTCR subsequently announced its intention to merge BankServ with the Israeli payments firm Fundtech Ltd., a transaction that was completed in November 2011.