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Announced

Completed

KKR-backed PRO Unlimited completed the acquisition of Workforce Logiq from Carlyle.

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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Single Bidder

Private

Management Consulting

United States

professional services

Friendly

Acquisition

Domestic

Majority

Private Equity

Completed

Synopsis

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KKR-backed PRO Unlimited, a modern workforce management platform provider, completed the acquisition of Workforce Logiq, a global provider of AI-powered workforce intelligence, technology, and service, from Carlyle. Financial terms were not disclosed. “Bringing Workforce Logiq into the PRO Unlimited family will allow us to extend our reach and synthesize two like-minded entities that share the same strategy and platform approach to contingent workforce management. The addition of its software and services into our platform will continue our tradition of eliminating the need for costly and inefficient point solutions to manage contingent labor. The result is a more optimal experience for clients looking to modernize mission-critical non-employee workforce programs, which have now become a top four spend category in most corporations," Kevin Akeroyd, PRO Unlimited CEO.

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