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Founded Year

2015

About Partial.ly

Partial.ly is a company specializing in payment plan software within the e-commerce and invoicing sectors. They provide a platform that enables merchants to offer flexible, automated installment payments for products and services, catering to both e-commerce businesses and service providers with large invoices. The software integrates with various e-commerce and invoicing systems, allowing businesses to offer custom payment terms to their customers. It was founded in 2015 and is based in Tampa, Florida.

Headquarters Location

Tampa, Florida, 33601,

United States

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Partial.ly Patents

Partial.ly has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/26/2018

Travel websites, Travel ticket search engines, Mortgage, GPS navigation devices, Debt

Application

Application Date

1/26/2018

Grant Date

Title

Related Topics

Travel websites, Travel ticket search engines, Mortgage, GPS navigation devices, Debt

Status

Application

Latest Partial.ly News

Carlyle and GIC Partially Exit Brazilian Hospital Network Rede D’Or via US$2.23b IPO

Dec 21, 2020

December 8, 2020 The Carlyle Group and GIC have sold a small portion of their combined stake in Brazil-based hospital network Rede D’Or, reducing it from 37.8% to 34%, via the company’s R$11.4b (approximately US$2.23b) IPO. ( Market Screener ) Rede D’or, Brazil’s biggest hospital chain, was valued at 112.5 billion reais in an initial public offering priced on Tuesday, sources told Reuters and the company confirmed in a securities filing, placing it among Brazil’s 10 biggest companies by market capitalization. Both the company and its shareholders, which include Carlyle Group Inc and Singaporean state investor GIC and its founder’s family, raised 11.4 billion reais in the offering, in the biggest IPO by a Brazilian company since 2013. The hospital chain plans to use the proceeds – roughly 8.4 billion reais – to build hospitals and acquire businesses, such as health insurance brokers and hospitals. Rede D’or, with 51 hospitals in Brazil, was founded in 1977 by Jorge Moll Filho as a laboratory. The company is still controlled by the Moll family. Rede D’or’s successful IPO comes despite a hit to its business by the pandemic, which has reduced elective medical care. It reported revenue of 9.8 billion reais in the first nine months of 2020, in line with the same period a year earlier, but net income plunged more than 80% to 156.5 million reais. Both GIC and Carlyle sold a small portion of their stake in Rede D’Or, reducing it to 34% from 37.8%. Still, the valuation reached by Rede D’Or puts it as Carlyle’s most profitable deal in Brazil so far, one source said. It acquired a stake in the hospital chain in 2015, when it was valued at roughly 20 billion reais. Shares of Rede D’or will debut on the Sao Paulo stock exchange on Wednesday. ($1 = 5.12 reais) (Reporting by Paula Laier and Carolina Mandl in Sao Paulo Editing by Matthew Lewis and Lisa Shumaker) Carlyle and GIC Partially Exit Brazilian Hospital Network Rede D’Or via US$2.23b IPO was last modified: December 21st, 2020 by csantos

Partial.ly Frequently Asked Questions (FAQ)

  • When was Partial.ly founded?

    Partial.ly was founded in 2015.

  • Where is Partial.ly's headquarters?

    Partial.ly's headquarters is located at Tampa.

  • Who are Partial.ly's competitors?

    Competitors of Partial.ly include Recharge and 8 more.

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