FFL Partners, a private equity firm focused on growth investments in the middle market, has completed a significant investment in Optomi Professional Services, a provider of high-end technology consulting and staff augmentation.
Optomi offers its technology and augmentation services under the Optomi brand and domestic rural outsourcing services under the Provalus brand. The firm’s specific services include cybersecurity, data modernization, software engineering, cloud & infrastructure and more.
“FFL’s investment in OPS is our fifth deal in HR Services over the last five years, and the second that sits at the intersection with IT Services,” commented Cas Schneller, managing partner at FFL. “Our experience in the space has helped us identify and partner with some of the best companies in the business and we look forward to supporting OPS’ continued success.”
“We’re thrilled to partner with FFL to continue empowering our clients to achieve their digital transformation initiatives,” said Chuck Ruggiero, CEO of OPS. “We’re confident that FFL’s resources and expertise will enable Optomi to meet the demand for next generation IT talent and provide Provalus with more opportunity to launch additional delivery center locations that benefit rural U.S. communities.”
Fairmount Partners served as the sell-side advisor to OPS. Kirkland & Ellis LLP served as legal counsel to FFL and Morris, Manning & Martin, LLP served as legal counsel to OPS on the transaction.