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New Deal


Announced

Completed

CIP Capital invested in People 2.0.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

workforce deployment

Friendly

United States

payroll processing

Completed

IT Services: Other

workforce analytics

Acquisition

outsourcing services

staff accounting

Private

Single Bidder

Synopsis

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CIP Capital, a private equity firm focused on investing in growth-oriented, middle-market companies across the business Information and tech-enabled services sectors, has completed an investment in People 2.0, a global provider of technology-enabled workforce deployment solutions. Financial terms were not disclosed. “Our partnership with CIP Capital represents a very exciting day in the history of our company. Over the years, we have taken great pride in how our best-in-class EOR and outsourced service offering enables our clients to dedicate their focus on sales and service in order to effectively scale their businesses. This strategic investment from a like-minded partner will enable us to continue to further build out our organization, technologies and solutions in order to better serve our clients,” Chuck Miller, People 2.0 co-founder and co-CEO.

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