Sidley is representing EQT Private Equity and PRO Unlimited in connection with PRO Unlimited’s acquisition of Workforce Logiq. This transaction will combine two leading-edge companies that share a common strategic approach in solving its diversified clients’ contingent workforce management needs through the power of a holistic platform. EQT is a purpose-driven global investment organization with more than €84 billion in raised capital and over €52 billion in assets under management across 17 active funds. PRO Unlimited offers the most comprehensive and holistic platform for contingent workforce management, and helps organizations around the world address the costs, risks, and quality issues associated with managing the non-employee workforce. PRO's platform provides solutions for the procurement and management of contingent labor, global rate intelligence, direct sourcing, 1099/co-employment risk management, third-party payroll, and diversity and inclusion.
This transaction is being led by New York Private Equity partner Brien Wassner and San Francisco Private Equity partner Vijay Sekhon. Private Equity partner Alexis Cooper, M&A counsel George Brooks, M&A associates Emily Hunter, Kathryn Betts, Brandon Walker, Adrian Zhang, Saba Yasmin, Isaiah Marcano, and Jake McDonough were instrumental in completing this transaction. The financing was led by New York Global Finance partner Josh Thompson and Capital Markets partner Johnny Skumpija, and included Global Finance partner James Crooks, associates Sean Damm, Colin Vo Kavanaugh, Michele Nudelman, Alexander Hirshfeld, Robert Charles Davidson, Sarah O’Brien, D.J. Hill, Shan Lu, Amelia Barnes, Will Cage, and Kahwing Fung, with support from Global Finance partner Leslie Plaskon.
Other members of the deal team included: Private Equity partner Parthiv Rishi; Executive Compensation and Employee Benefits partner Eric Wolf and associates Karim Pirani and Li Wang; Tax partners Oliver Currall and Tara Lancaster as well as associates Pranith Mehta and Jonathan Westreich; Labor, Employment and Immigration counsel Eric Hoffman, Galit Knotz, senior associate Peter McCorkell, and associate Natalie Chan; Technology and IP Transactions partner Jennifer Coplan and associates E. Kyle Barnett and Summer Danzeisen; Privacy and Cybersecurity partners William Long and Alan Charles Raul as well as associates Ernesto Claeyssen, Lauren Kitces, and Denise Kara; Insurance counsel Scott Goldstein; Antitrust partner Karen Kazmerzak; Global Arbitration and Trade Advocacy partners Jim Mendenhall, Howard Stanislawski, Barbara Broussard, and Sven de Knop as well as associates Justin Becker, Alessandra Moroni and Carys Golesworthy; Litigation partners Alex Kaplan and Michael Mann as well as associates Brian Earl and Debbie Sands; and Environmental counsel Maureen Crough and associate Allen Braddock.