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Brandon Abbey Departs Escrow.com Amid Company Shake Up

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In April of 2015, it was announced that Freelancer.com would acquire Escrow.com in a $7.5 million deal, pending regulatory approval. The deal was approved, and it closed a few weeks ago. Late last week, I learned that Brandon Abbey is no longer with Escrow.com after an 11 year tenure as its President.

In an email sent to me on Sunday, Freelancer.com CEO Matt Barrie confirmed Brandon's departure: "We parted ways on good terms. As you know Brandon has been running the business for a long period of time and is well known for doing a good job. However we think the potential for Escrow.com is much bigger. We're moving to up the tempo of the business and run it as a high growth technology company."

I reached out to Brandon, and while he confirmed that he is no longer with the company, he declined to comment.

I attribute much of Escrow.com's superior reputation and industry best practices to (more…) → Read More