Eagle Merchant Partners Acquires Code Ninjas

Eagle Merchant Partners Makes Minority Investment in Code Ninjas

June 22, 2020

Education

Atlanta-based private equity firm Eagle Merchant Partners (EMP) has acquired a minority equity stake in Code Ninjas, the world’s largest kids coding franchise. The investment gives EMP a board seat and a call option to acquire a majority stake later; it will support Code Ninjas’ continued franchise expansion and operational capability improvements across its ~240 centers.

Nerdy Inc. Acquires Codeverse

August 15, 2022

Education

Nerdy Inc., the owner of the Varsity Tutors platform, has acquired Codeverse, an online coding education platform for children. The deal brings Codeverse's coding studio and classes into Varsity Tutors' Learning Membership and school offerings to expand Nerdy's computer science and coding education capabilities.

BV Investment Partners Takes Majority Stake in SupportNinja

February 8, 2021

IT Services

BV Investment Partners has made a majority investment in SupportNinja, a tech-enabled customer experience and back-office outsourcing provider based in Austin, Texas. The investment will support SupportNinja's plans to enhance security, expand its tech-enabled service offerings, pursue geographic expansion, and pursue strategic acquisitions to scale the business.

Clovis Point Capital Invests in NinjaCat

October 14, 2020

Cloud & SaaS

Houston-based growth equity firm Clovis Point Capital completed a significant growth investment in NinjaCat, a New York–based marketing analytics and reporting platform. The partnership will fund NinjaCat's product roadmap, AI enhancements and expansion of its marketing data and analytics offerings to better serve enterprise marketing teams.

BigCommerce Acquires Quote Ninja (B2B Ninja)

February 10, 2022

Cloud & SaaS

BigCommerce acquired Quote Ninja, Inc. (dba B2B Ninja), a provider of enterprise quote management software, to integrate quoting capabilities into its Open SaaS ecommerce platform. The deal expands BigCommerce's B2B functionality and complements its recently launched B2B Edition, enabling merchants to manage quotes and complex B2B flows natively.

Eagle Merchant Partners Recapitalizes Aligned Fitness; Aligned Acquires Two Club Pilates Franchisees

June 26, 2025

Healthcare Services

Eagle Merchant Partners completed a recapitalization of Aligned Fitness (a leading Southeast-based Club Pilates franchisee) as its first investment from Fund II, with Boathouse Capital providing a $52 million credit facility and equity co-investment. Proceeds funded Aligned’s acquisition of two add-on franchisees — Crescent Concepts, LLC and Next Twenty, LLC — and will support new studio development and expansion across the Southeastern and Mid-Atlantic United States, bringing the combined platform to 34 studios.