FT Partners Advises Merchant Warehouse on its Significant Growth Recapitalization
Overview of Transaction
- On July 5, 2012, Merchant Warehouse, Inc. ("Merchant Warehouse" or the "Company") announced and closed a growth recapitalization with Parthenon Capital Partners ("Parthenon")
- Parthenon is private equity firm with $2.2B in capital under management and offices in Boston and San Francisco; the firm provides capital and strategic resources to growing middle market companies
- By combining a strong Management team with a strong financial partner, the Company seeks to grow and pursue new opportunities in an increasingly dynamic market
- The transaction is an attractive outcome for both Merchant Warehouse and Parthenon
- Parthenon gains a partnership with an elite provider in the rapidly growing integrated payments vertical
- The transaction positions Merchant Warehouse well to pursue additional growth opportunities and expand its industry-leading platform by leveraging Parthenon's strategic resources
- FT Partners served as exclusive strategic and financial advisor to Merchant Warehouse’s founders and Management team and advised Merchant Warehouse in a private-party transaction