Parthenon Capital Makes Additional Investment in CardWorks, Inc.
February 15, 2022
Parthenon Capital has made an additional investment in CardWorks, Inc., the parent of CardWorks Servicing, Merrick Bank and Carson Smithfield; terms were not disclosed. As part of the transaction Parthenon co-CEO Brian Golson will join CardWorks' Board of Directors, and the firm said the capital will support continued growth of the company's consumer lending, payments and servicing businesses.
- Buyers
- Parthenon Capital
- Targets
- CardWorks, Inc.
- Industry
- Payments & Fintech
- Location
- New York, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Parthenon Capital and Serent Capital Invest in BirchStreet Systems
January 27, 2022
Cloud & SaaS
Parthenon Capital has made a growth investment in BirchStreet Systems alongside existing investor Serent Capital; terms were not disclosed. The capital will accelerate BirchStreet’s growth (organic and M&A) as Brendan Reidy assumes the role of CEO to lead the company’s next phase of expansion.
-
Parthenon Capital Acquires Majority Stake in Titan Wealth
February 21, 2023
Wealth Management
Parthenon Capital has acquired a majority stake in Titan Wealth, partnering with the management team to support further organic growth, technology investment and future M&A. The transaction delivers a partial exit for Maven's UK Regional Buyout Fund (with a material return) while existing investors including funds managed by Ares and Maven remain committed to the business.
-
Parthenon Capital Brings Together NXGEN International and Payscape
May 2, 2019
Payments & Fintech
Parthenon Capital backed the merger of NXGEN International and Payscape to form a combined global payments provider serving small- and mid-market merchants, SaaS partners and financial institutions. The combined company will operate in roughly 75 countries, process over $10 billion in annual payment volume and serve more than 20,000 merchants, with a strategic focus on product breadth, SaaS integrations and further acquisitive growth.
-
Parthenon Capital Acquires Global Payments' Gaming Division to Form Pavilion Payments
April 3, 2023
Payments & Fintech
Parthenon Capital has acquired the gaming division of Global Payments Inc., transitioning Global Payments Gaming Solutions into an independent company renamed Pavilion Payments. The carve-out will be headquartered in Las Vegas and Parthenon intends to grow the business organically and via acquisitions while Global Payments remains a long-term technology partner.
-
Parthenon Capital Makes Strategic Investment in Embark
September 4, 2025
Consulting
Parthenon Capital has made a strategic growth investment in Embark, a Dallas-based management and financial consulting firm, to accelerate the company's organic growth and M&A strategy while expanding its technology and AI capabilities. Founder Paul Allen will remain Chairman and retain a significant ownership stake as Embark pursues investments in automation, AI, talent, and expanded advisory services.
-
Housatonic Partners Makes Strategic Growth Investment in eCard Systems
December 15, 2023
Payments & Fintech
Housatonic Partners, a San Francisco-based private equity firm, has made a strategic growth investment in eCard Systems, a Brentwood, Tennessee provider of outsourced gift card programs and processing services. The capital will support expansion of eCard's sales, marketing, technology and production capabilities; financial terms were not disclosed. Canaccord Genuity and Kroll Securities acted as financial advisors to eCard Systems.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.