May 25, 2023

On May 22, Willkie client FFL Partners, a private equity firm focused on growth investments in healthcare and tech-enabled services businesses, announced that it exited its investment in ProService, a leading provider of bundled HR solutions. Willkie advised FFL Partners and ProService on the transaction.
FFL acquired a majority stake in ProService in 2017 and helped grow the company over 2.5x during its investment period.
Founded in 1994 and headquartered in Hawaii, ProService offers HR services including payroll, benefits, insurance, compliance, administrative and risk management services on a fully bundled basis. 
FFL Partners is a leading middle-market private equity firm based in San Francisco.

The Willkie team was led by partners Neil Townsend, Dvir Oren, Caleb Vesey and Hugh McLaughlin and included associate Emma Spath and law clerk Madeline Alagia.