Chicago Growth Partners has completed a dividend recapitalization of World 50, a facilitator of executive membership groups. Proceeds from the transaction were used to refinance the company's existing debt and pay a dividend to shareholders. The recapitalization was funded with excess cash from World 50's balance sheet and a third party debt facility. CGP partnered with company management to acquire World 50 in November 2010. The company facilitates invitation-only networking and leadership development groups for senior executives of large companies.