RFE Investment Partners and Weave Growth Partners Recapitalize Congruity HR
February 25, 2021
RFE Investment Partners, with value-add co-investor Weave Growth Partners, completed a recapitalization investment in Congruity HR, a North Carolina-based professional employer organization (PEO). Founder Darrin Hunter and the existing management team remain significant owners, and industry veteran Mike Maseda has joined as Executive Chairman as the business prepares to scale and pursue additional regional PEO brands using a tech-enabled playbook.
- Buyers
- RFE Investment Partners, Weave Growth Partners
- Targets
- Congruity HR
- Industry
- Staffing & HR
- Location
- North Carolina, United States
- Transaction Type
- Recapitalization
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