Ecom Products Group (EPG) provided an update on the agreement announced on November 17, 2016. EPG, along with FCP Investments, has agreed to acquire the following assets to enhance its Ecommerce service and partnership model and client servicing capabilities. These acquisitions will allow EPG expanded service capabilities along with a high level client access.

EPG has agreed to acquire FCP's 50% in CSM. As part of this transaction, FCP's Chairman Andrew Waters will assume the Chairman of the Board role for EPG currently held by Carl Dilley. Waters will also assume the CEO role currently held by Keith Holloway.

Holloway will stay as CEO of EPG's US operations. Further board appointments will come over the next few weeks to strengthen EPG's international and consumer sector experience.