Kohlberg & Company Acquires Majority Stake in Engage PEO

Lightyear Capital Acquires Engage PEO

May 1, 2019

Professional Services

Lightyear Capital LLC, a New York-based private equity firm focused on financial services, agreed to acquire Engage PEO, a Fort Lauderdale-based professional employer organization that provides HR outsourcing to small and mid-sized businesses. The management team will remain in place and the transaction was expected to close in Q2 2019; financial terms were not disclosed.

Kohlberg & Company Acquires Majority Stake in EN Engineering from General Atlantic

July 18, 2019

Infrastructure

Kohlberg & Company has signed a definitive agreement to acquire a majority stake in EN Engineering from growth equity firm General Atlantic. EN Engineering, headquartered in Warrenville, Illinois, is a utility services and engineering firm with over 1,500 professionals serving gas, electric, pipeline and industrial customers; Kohlberg cited its infrastructure services experience to support the company's next phase of growth and geographic expansion.

Engage PEO Acquires Aspen HR

December 22, 2025

Professional Services

Engage PEO has acquired Aspen HR, a San Francisco-area professional employer organization (PEO) founded in 2017, to expand Engage's national footprint and deepen its presence in California and the alternative investment sector. The deal combines Aspen HR's white-glove HR services and industry expertise with Engage's compliance-focused consulting, risk management capabilities, and national benefits programs.

Engage PEO Acquires Axios HR from Axios International

March 3, 2025

Professional Services

Engage PEO has acquired Axios HR, a Grand Rapids, Michigan-based professional employer organization, from parent company Axios International. The acquisition expands Engage PEO's Midwest footprint and combines Axios HR's local expertise with Engage's national HR outsourcing capabilities to better serve small and mid-sized businesses in the region.

Forbes Tate Partners Acquires Engage, LLC

November 17, 2022

Marketing & Advertising

Forbes Tate Partners (FTP), a subsidiary of Public Policy Holding Company (PPHC), has acquired Engage, LLC, a Washington, D.C.-based digital media and public affairs agency. The deal brings Engage's 19 employees and digital capabilities into FTP to deepen integrated digital public affairs, advocacy, and creative services for clients including Fortune 500 companies and trade associations.

TriSpan Acquires Majority Stake in Prestige PEO Holdings

January 11, 2021

Staffing & HR

TriSpan LLP (via TriSpan Opportunities LP and TriSpan Opportunities II LP) has completed a majority-investment acquisition of Prestige PEO Holdings, LLC (PrestigePEO), a Melville, New York-based professional employer organization. The capital will be used to accelerate Prestige's market expansion, enhance its technology infrastructure, and support organic growth as well as potential add-on acquisitions.