Announced
Completed
Financials
Sources
Tags
Completed
consumer finance
Consumer Lending
consumer lending
United States
Single Bidder
Private
Private Equity
Friendly
Minority
Acquisition
Domestic
Synopsis
Parthenon, a private equity firm, completed the investment in CardWorks, a consumer finance lender and servicer. Financial terms were not disclosed. “Everyone at CardWorks has benefited from having Parthenon Capital involved in our company as shareholders and partners over the last four years. I am pleased that Parthenon’s confidence in CardWorks has merited an additional investment," Don Berman, CardWorks Founder and Executive Chairman.
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