Clarion Capital Partners Completes Investment in HROi
New York, March 11, 2015 - Clarion Capital Partners, LLC ("Clarion"), a New York-based middle market private equity firm, has completed a growth equity investment in HR Outsourcing Holdings, Inc. ("HROi"). The investment in HROi reunites Clarion with Messrs. Carl Guidice and Anthony Danon who served as the CEO and COO respectively of Clarion’s successful investment in a human resources outsourcing company in Fund I.
"We're very excited to be partnering again with the Carl Guidice and Anthony Danon to build a new national platform in the human resources outsourcing industry," said Jon Haas, Managing Director at Clarion. "HROI is a flexible and scalable platform poised for growth."
Clarion worked closely with the HROI team to create a strategic plan for the Company to achieve growth across several key geographies throughout the United States. Clarion’s initial growth capital investment will accelerate organic growth. HROI’s strategy also includes pursuing add on acquisitions.
"Clarion’s deep industry expertise creates an opportunity to build an industry leading company in the growing and fragmented human resources outsourcing industry," added Carl Guidice, HROI's CEO.
Founded in 2001, HROI is a Georgia based Professional Employer Organization (PEO) and Administrative Services Organization (ASO), providing a bundled solution for payroll administration, health insurance, workers’ compensation, human resource administration and compliance. With its group buying power, HROI provides small and medium sized businesses with Fortune 500 style employee benefits and workers' compensation insurance.
About Clarion Capital Partners, LLC Clarion Capital Partners is a New York based middle market private equity firm. Clarion is actively seeking investments in growing companies in a variety of industries including Business Services, Healthcare Services, Consumer Products, Specialty Retail, Media & Entertainment, and Specialty Financial Services. Additional information on Clarion can be found at http://www.clarion-capital.com.
About HROI HROI is a professional employer organization and administrative services organization based in Lawrenceville, Georgia, providing human resources outsourcing to small and medium sized businesses. The company specializes in payroll administration, safety and risk management, workers’ compensation, human resource administration, compliance and benefits administration. (www.hroi.com).