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"Having known Don Berman and the unique franchise he has nurtured at CardWorks for nearly 30 years, I am thrilled to expand our investment in the company," said Golson.
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"I am confident that Brian’s perspectives and experience will be valuable as we work together to grow our business as a people-centric, compliance-focused organization enabled by data and technology." "Furthermore, I am excited to welcome Brian Golson to CardWorks’ Board," Berman added. I am pleased that Parthenon’s confidence in CardWorks has merited an additional investment." In connection with the transaction, Parthenon’s co-CEO and managing partner, Brian Golson, will join CardWorks’ Board of Directors.ĭon Berman, CardWorks founder, executive chairman and majority shareholder, commented, "Everyone at CardWorks has benefited from having Parthenon Capital involved in our company as shareholders and partners over the last four years. By selecting Seminole County, CardWorks will enjoy our business-friendly climate while their new employees will enjoy our tremendous quality of life.AUSTIN, Texas, February 15, 2022-( BUSINESS WIRE)-Parthenon Capital is pleased to announce that it has made an additional investment in CardWorks, Inc., the parent company of CardWorks Servicing, Merrick Bank and Carson Smithfield. “CardWorks Servicing selected this area over other national competitors because our region delivers a qualified workforce and a solid foundation for their newest site. “Seminole County is proud to welcome a nationally-recognized, leading provider of merchant services to our County and the State of Florida,” said Seminole County Chairman John Horan. “Orlando’s diverse, multi-lingual workforce and reputation for highly trained customer service professionals continues to provide a positive business climate for companies like CardWorks looking to grow in new markets.” “We are proud CardWorks selected the Orlando region for its first expansion into the Southeast,” said Orlando Economic Partnership President & CEO Tim Giuliani. The state of Florida, Enterprise Florida, and Seminole County were also important partners on the project. The organization has also supported CardWorks’ search for potential candidates by connecting the company with workforce and staffing agencies and higher education institutions, as well as assisted with the incentive application and approval process. The Orlando Economic Partnership assisted CardWorks in identifying and touring ideal locations and helped to coordinate labor discussions with local businesses in the region. We look forward to welcoming new talent from the Orlando area to the growing CardWorks family.” “We are grateful to the Orlando Economic Partnership, Governor Scott and Seminole County for their support and guidance in making this a smooth process and pleasant experience.”ĭon Berman, CEO & Founder of CardWorks, added, “For 30 years, we have remained passionate about our people and providing them with the resources they need to earn, learn, and have fun at work. “Orlando, with its strong economy and diverse population, was the top choice for CardWorks when deciding where to open our new office, and we look forward to becoming a part of the community,” said Harold Baldauf, COO of CardWorks.
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With anticipated hires in Orlando, the company will have more than 1,200 employees across all locations. CardWorks, headquartered in Woodbury, New York, has offices in Pittsburgh and Horsham, Pennsylvania in addition to its new Orlando facility. The firm expects to create approximately 240 jobs over the next two years. Leading Locations for 2017: West Coast "Tech" Cities Top List, Smaller MSA's Show Workforce ChopsĬardWorks Servicing, a provider of servicing, operational support, and portfolio management to credit card issuers and installment lenders, will invest $4.2 million to open an operations hub near Orlando, in 30,000 square feet of space at 100 Colonial Center Parkway in Lake Mary, Florida.In Focus: Alternative Workplace Strategies: Open Offices Gaining Traction.Frontline: IQ Orlando Brings High-Tech Life Science Innovation to Central Florida.Frontline: Defend Trade Secrets Act Gives Added Protection for Tech Companies.Cape Coral Positioned for Growth in 2016.