Kingswood Capital Management, LP (together with its affiliates, “Kingswood”) announced today that it has completed a strategic investment in Infotree Global Solutions (“Infotree” or the “Company”), a leading provider of international workforce management solutions. Kingswood is making the investment alongside Infotree’s co-founders, Raman Sawhney and John McKimmy, who will remain significant shareholders in the Company post-closing.
Founded in 2002, Infotree has grown from a two-person team into one of the leading providers of international workforce management solutions, with over 5,000 employees operating in 80 countries today. The Company specializes in complex international personnel needs, primarily for U.S.-domiciled Fortune 500 companies, including contingent staffing, employer of record (“EOR”), statement of work (“SOW”) and independent contractor (“IC”) management services. Infotree operates globally and maintains a leading market position in Latin America.
“It was important for me and John to find an investment partner who had experience helping founder-owned businesses invest for their next phase of growth without straying from the values and strategy that make our business unique,” said Raman Sawhney. “In Kingswood, we found a flexible, operationally-focused partner who appreciated Infotree’s distinct positioning and diverse opportunities for growth, and we look forward to working together with them during this exciting new chapter for the business,” added John McKimmy.
“We are thrilled to be partnering with Raman, John, and the rest of the Infotree team to build on their track-record of consistent growth and outstanding customer service, while investing in their organization to support additional scale,” said Chris Basham, Managing Director at Kingswood. “Infotree has developed a well-earned reputation among its customers as a trusted problem-solver for their most complex international workforce challenges, and we are honored to support them on this mission going forward.”
“Our investment in Infotree builds on Kingswood’s track record as a partner of choice for founder-owned businesses at inflection points in their development,” added Alex Wolf, Managing Partner of Kingswood. “Infotree’s role as a provider of mission-critical services for a diverse, tenured customer base across industries represents a strong foundation from which to grow. The Company has a similar profile to other successful Kingswood investments in business services.”
Goodwin Procter, Baird & Co., and Configure Partners advised Kingswood on the transaction. 1858 Capital Partners and Foley & Lardner advised Infotree.
Explore HRtech News for the latest Tech Trends in Human Resources Technology
