The Riverside Company, a global private investment firm, has announced the successful exit of its investment in Ga Partners, a leading national Professional Employer Organization (PEO) and human capital management (HCM) provider. This transition marks a new chapter for GA Partners as global asset management firm TPG leads a new investment into the company.
Headquartered in Houston, TX, GA Partners delivers comprehensive, tech-enabled HR solutions to over 3,000 small and medium-sized businesses nationwide. By offering expert HR administration, benefits, and payroll services, GA Partners enables its clients to concentrate on their core business activities – employees, products, services, and customers.
Riverside Managing Partner George Cole noted, “During our three-year investment, GA Partners strategically expanded its reach and client base through several add-on acquisitions. GA Partners remains a leader in the PEO and HCM sector, consistently providing best-in-class services. We commend their team’s dedication and believe they are well-positioned for continued growth with this new partnership.”
This successful exit underscores Riverside’s strategic focus on business services, a sector where they have made over 350 platform and add-on investments since 1988. GA Partners CEO John Allen stated, “We appreciate Riverside’s partnership and guidance, which has been instrumental in unlocking growth opportunities and solidifying our leadership in the PEO and HR services market.”
The exit signifies a successful investment cycle for Riverside and sets the stage for GA Partners to further innovate and expand its services under TPG’s investment, continuing to serve the evolving HR needs of businesses across the nation.
