Victory Park Capital Statement on Razor Group and Infinite Commerce Merger
Announcement
Aug 28, 2025
Victory Park Capital (“VPC”) is pleased to announce the merger of Whele, LLC (“Razor Group” or “Razor”) and Infinite Commerce, two of the largest Fulfillment by Amazon (“FBA”) aggregators and current VPC investments. The merger creates a global aggregator leader of online marketplace merchants, bringing together industry-leading scale and a fully integrated technology platform that enables the business to continue automating its e-commerce operations. The combined company, which will operate under the Razor brand, is expected to achieve industry leading profitability in 2025, supported by a strong balance sheet and committed stakeholders, with the ability to drive additional consolidation in the FBA space.
Leveraging its sector expertise and deep in-house special situations experience, VPC has supported the Razor Group and Infinite Commerce management teams to reach this milestone and align multi-brand, multi-geography operations on a unified platform to enhance value for customers, suppliers, employees, and investors.
VPC looks forward to continuing to partner with CEO Max Biller, CFO Jörg Meiner, and incoming Executive Chairman of the Board and former CEO of Infinite Commerce, Steve Neufer, to support the combined company’s continued turnaround.
For more information about the proposed merger, please click here.
For additional questions on the proposed merger, please contact Sora Monachino at smonachino@victoryparkcapital.com