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New Deal


Announced

EQT to acquire PRO Unlimited from Harvest Partners and Investcorp.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

software

human resources

Outsourced HR and Staffing

Private

Friendly

Majority

Private Equity

Acquisition

Single Bidder

Domestic

Pending

Synopsis

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EQT agreed to acquire PRO Unlimited, a modern workforce management solutions provider, from Harvest Partners, an established private equity firm, and Investcorp, a provider and manager of alternative investment products. Financial terms were not disclosed. "The contingent labor industry is experiencing strong growth, fueled by workers’ desire for increased autonomy and flexibility. We are delighted to provide the solutions that enable enterprises and the contingent workforce to meet their needs. We look forward to partnering with EQT and leveraging their industry expertise, digital capabilities, and network of advisors as we continue to enhance and optimize our contingent workforce management platform to directly benefit our clients," Kevin Akeroyd, PRO Unlimited CEO.

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