Worksuite acquired by H.I.G. Capital
Deal Synopsis
Worksuite was acquired by H.I.G. Capital for an undisclosed amount on June 22, 2023. Press Release.
Seller Details
Worksuite offers a leading end-to-end freelancer & contractor management SaaS platform. Founded in 2015, Worksuite combines best-in-class features such as freelancer talent management, project management, automated compliance, tax forms, and global payments. The Company enables its customers to recruit, onboard, manage and pay freelance workers in one centralized system.
Buyer Details
H.I.G. Capital is a leading private equity firm with $59B under management and a diverse investment focus across various industries, including technology and software, targeting acquisitions worldwide. H.I.G. is known for its background in investments, operations, and talent management, and is committed to implementing an active and hands-on approach to drive value creation within each portfolio company.