TriSpan Acquires Majority Stake in Prestige PEO Holdings
January 11, 2021
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.
- Targets
- Prestige PEO Holdings, LLC (PrestigePEO)
- Industry
- Staffing & HR
- Location
- New York, United States
- Transaction Type
- Buyout
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