FFL Partners
333 Bush Street, Suite 1450, San Francisco, CA, 94104, United States
Overview
FFL was formed in 1997 to invest in middle-market companies where the firm’s substantial strategic and operating expertise can help management accelerate growth and build better businesses. FFL's capital comes largely from U.S. and international institutions: public and private pension funds, endowments, foundations, and financial institutions. FFL has invested prudently for over 20 years, partnering with strong management teams and other investors to establish a leading track record in middle-market private equity investing. FFL has produced attractive returns for its investors through up and down markets and across a range of industries by patiently focusing its efforts on good businesses with attractive returns on capital and strong growth prospects. FFL is currently investing out of a $2.0 billion fund raised in 2015. The firm generally commits $50-250 million to individual transactions and has the ability to make larger commitments in selected circumstances.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Velocity Global
Led · Equity · Apr 2021
Velocity Global operates a platform that offers Employer of Record services, Independent Contractor Compliance, and Agent of Record capabilities to help companies hire remote employees without creating foreign or state entities. The company supports EoR services in more than 185 countries and expanded to all 50 U.S. states through its acquisition of iWorkGlobal. Velocity Global serves more than 700 brands and around 4,000 supported employees, and has grown to approximately 300 employees worldwide after adding 40 iWorkGlobal staff. The business combines technology, local compliance expertise, and personalized customer experience to manage payroll, benefits, and in-country compliance. The company plans to use new capital to fund additional strategic acquisitions, technology development, and further expansion of its global footprint, including growing to nearly 50 wholly‑owned foreign legal entities by year-end. Velocity Global was founded in 2014 and is headquartered in Denver, Colorado, with regional headquarters in Amsterdam, Bogotá, and Singapore.