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.

Targets
CardWorks, Inc.
Location
New York, United States
Transaction Type
Growth capital

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