One Caribbean Media Limited (TTSE:OCM) entered into agreement to acquire 51% stake in Green Dot Limited on July 29, 2016. The key management of Green Dot Limited will be retained. The transaction is subject to regulatory approval. David Braun of Capstone Strategic, Inc. acted as financial advisor for Green Dot. One Caribbean Media Limited (TTSE:OCM) completed the acquisition of 51% stake in Green Dot Limited on May 23, 2017. Transaction closed after receiving expected regulatory approval. Ketan Patel will continue leading Green Dot and will leverage One Caribbean Media Limited marketing expertise to further expand into other countries in the Caribbean region.