Overview of Transaction

• On May 6, 2014, Network Merchants, Inc. ("Network Merchants" or the "Company") announced that Great Hill Partners has made a growth investment in the Company
• Great Hill Partners is a private equity firm focused exclusively on software and service providers in growth sectors; the firm manages more than $3 bn in capital
• In conjunction with the transaction, Network Merchants announced the addition of payments veterans Roy Banks and Kyle Pexton as CEO and CFO, respectively

Significance of Transaction

• By combining Network Merchants' market-leading platform with a deep and experienced management team and strong financial partners, the Company seeks to redefine the payment gateway space in an increasingly dynamic market
• Founders Jim McKenzie and Ted Cucci will continue to serve as investors and advisors to Network Merchants; Great Hill joins existing investors Bregal Sagemount and the founders of the Company; Jim McKenzie continues as chairman of the Board of Directors at Network Merchants

FT Partners' Role

• FT Partners served as exclusive strategic and financial advisor to Network Merchants in this transaction
• Highlights FT Partners' long-term advisor relationship with Network Merchants and its investors
• FT Partners further demonstrates its role as the advisor of choice for leading payment and financial technology companies