Announced
Completed
Financials
Sources
Tags
Private
Friendly
Private Equity
United States
Single Bidder
Minority
employees platform
Acquisition
Completed
Outsourced HR and Staffing
Synopsis
Private equity firms Wincove, TDR Capital and Sands Capital completed the acquisition of a minority stake in Globalization Partners, which allows companies to hire employees throughout the world through its platform, for $150m. “Globalization Partners has developed an innovative tech-enabled global expansion platform that we believe is transformational for companies that need to rapidly take advantage of global growth opportunities. The business is extremely well-run and committed to providing world-class, compliant solutions, all while operating with the highest integrity and client care standards,” Jon Rosen, TDR Capital Partner.
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