Pamlico Capital has recapitalized World 50 Inc., an exclusive peer network for senior executives from leading companies. The transaction closed on December 14, 2015.

AcquirerPamlico Capital (US)
TargetWorld 50 Inc. (US)
Deal ValueUndisclosed
Type of TransactionRecapitalization
Date AnnouncedDecember 14, 2015
Date ClosedDecember 14, 2015

World 50 Inc. operates an invite-only peer network and knowledge-sharing platform for senior executives from large organizations.

Strategic Rationale

The recapitalization will enable World 50 to enhance its services, expand offerings, and support the ongoing growth of its membership base.

Financial Context

The exact value of the transaction was not disclosed. Financial terms including key considerations such as debt levels were also undisclosed.

Advisors

The Jordan Edmiston Group served as sell-side advisor to World 50 Inc., while Alston & Bird provided legal counsel to Pamlico Capital in the transaction.

Outlook

Pamlico Capital aims to leverage its expertise and relationships within the technology sector to drive further development of World 50’s platform and network.