Motive Partners to invest $50m in Splitit.

Motive Partners, a private equity firm, agreed to invest $50m in Splitit, a financial services company. "We are delighted to secure this significant capital commitment from a world-class private equity sponsor. Motive is the ideal partner to help us drive future value creation due to its extensive payments expertise, value-additive capabilities, and deep industry relationships. The Board unanimously concluded that the Proposed Transaction represents the best available opportunity to create long-term value for Splitit’s existing shareholders,” Dawn Robertson, Splitit Chair.