FFL Partners, a private equity firm focused on growth investments in middle market companies, has completed a $100 million growth investment in Velocity Global LLC, a provider of global expansion solutions. FFL expects the investment supports the company’s concurrently-announced acquisition of iWorkGlobal, creating a U.S. domestic and global employer of record accelerating the future of remote work for companies around the world.

“Velocity Global has an excellent reputation and continues to enable its customers to effectively and seamlessly utilize its EoR service to reduce the costs and complex regulatory burdens associated with managing employee HR and benefits internally,” said Cas Schneller, managing partner at FFL Partners. “We look forward to supporting CEO Ben Wright and his management team as they continue to streamline the process of HR management and remote workforce capabilities, while pursuing complementary acquisitions to build additional scale and better serve customers in North America and globally.”