FTV Capital’s $42.5 Million Investment in Lean Staffing Solutions

Kirkland & Ellis advised FTV Capital on the deal.

FTV Capital, a sector-focused investor in innovative companies in enterprise technology and services, financial services, and payments and transaction processing, completed its $42.5 million minority growth equity investment in Lean Staffing Solutions, a leading provider of nearshore, expert outsourced solutions for transportation and logistics companies in the United States.

As part of the transaction, FTV Capital’s managing partner Brad Bernstein, senior investment advisor Jerome Hershey, and vice president Brent Fierro will join Lean Staffing Solutions’ board of directors.

The Kirkland team advising FTV Capital was led by transactional partners Leo Greenberg (Picture) and Andy Fleischman and associate Chris Burwell; tax partner David Kung and associate Kayla Ruben; executive compensation partners Matthew Shiels and Malhar Naik; employment & labor partner Michael Schulman; employee benefits partner Jeffrey Quinn; international trade partner Meghan Dolan; and technology & intellectual property transactions partner John Lynn and associate Seth Pritchard.

Involved fees earner: Christopher Burwell – Kirkland & Ellis; Meghan Dolan – Kirkland & Ellis; Andy Fleischman – Kirkland & Ellis; Leo Greenberg – Kirkland & Ellis; David Kung – Kirkland & Ellis; John Lynn – Kirkland & Ellis; Malhar Naik – Kirkland & Ellis; Seth Pritchard – Kirkland & Ellis; Jeffrey Quinn – Kirkland & Ellis; Kayla Ruben – Kirkland & Ellis; Michael Schulman – Kirkland & Ellis; Matthew Shiels – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: FTV Capital;

Author: Ambrogio Visconti