Pamlico invests in World 50


Pamlico Capital said Monday that it has recapitalized World 50 Inc. Financial terms weren’t announced. Atlanta-based World 50 is an invite-only peer-to-peer network and knowledge exchange platform serving senior executives at leading corporations. The Jordan, Edmiston Group Inc advised World 50.

PRESS RELEASE

Pamlico Capital (“Pamlico”) and the management team of World 50, Inc. (“World

50” or the “Company”) announced today that Pamlico has completed a

recapitalization of the Company. CEO David Wilkie and other management team

members will maintain significant ownership in World 50 and will continue to

manage the growth of the Company with support from Pamlico. Further

transaction details have not been disclosed.

Headquartered in Atlanta, Georgia and founded in 2004, World 50 is an exclusive,

invite-only peer-to-peer network and knowledge exchange platform serving senior

executives at leading corporations. With over 900 members from more than 500

companies on six continents, World 50’s peer groups help busy executives build

high-value relationships and stay ahead of complex business issues.

Mr. Wilkie noted, “Our team is proud of the growth and success we have achieved

to date and we are excited about taking this next step with Pamlico. We chose to

partner with Pamlico because of their core values, strong appreciation for our

mission, and track record of accelerating growth at portfolio companies.”

Pamlico Partner Walker Simmons said, “The management team’s passion for their

business, unique corporate culture, and history of exceeding expectations

immediately impressed us. They have a differentiated business model and an

unparalleled focus on delivering for their members.” Pamlico Partner Stuart

Christhilf added, “We look for investments where we can collaborate with

management to set a strategic vision for accelerated growth. David and the World

50 team are poised to expand across multiple fronts, and the business represents

a leading platform in the peer to peer networking space from which to do that.”

World 50 is the eighth investment in Pamlico Capital III, a fund with $650 million of

committed capital.

World 50 was advised by The Jordan, Edmiston Group, Inc. (exclusive financial

advisor) and Kirkland & Ellis LLP (legal advisor). Pamlico was advised by Alston &

Bird LLP (legal advisor).

ABOUT PAMLICO CAPITAL

Pamlico Capital is a private equity firm founded in 1988 that primarily

invests in growing middle-market companies in the U.S. Pamlico

Capital seeks control-oriented growth equity investments of up to

$100 million alongside proven management teams in its target

industries; business & technology services, communications, and

healthcare. Since inception, the firm, based in Charlotte, NC, has

invested over $2.5 billion. For additional information, please visit

www.pamlicocapital.com.

ABOUT WORLD 50, INC.

Based in Atlanta, GA, World 50 initiates and facilitates the most

interesting and influential business conversations in the world by

providing global executives a private forum for sharing insights on

critical issues. The participation of remarkable practitioners and

expert thinkers creates a candid dialogue on leading and growing

significant enterprises in a global economy, delivering insights found

nowhere else. Besides access to unparalleled gatherings,

membership provides year-round peer collaboration.