Will Weatherford investment firm makes splash with first public deal

Weatherford Partners, the private equity firm created by former Florida House Speaker Will Weatherford and his two brothers, on Tuesday announced their first public deal, contributing to a $4.5 million funding round for a Missouri company.

Weatherford’s firm invested in the Kansas City-based PayIt, which produces mobile apps for governments so people can pay for things such as licenses, taxes and traffic citations online.

Weatherford Partners’ specific part of the funding round was not disclosed. Other investors were Advantage Capital PartnersRoyal Street Ventures and Missouri Technology Corp.

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