Velocity Global

Denver, Colorado

Classification

Private

About

About

Velocity Global is a provider of global HR solutions designed to help businesses expand internationally and manage distributed teams efficiently. The company's comprehensive platform allows clients to hire, pay, and manage employees worldwide, ensuring compliance with local laws and regulations. Velocity Global supports companies in navigating the complexities of global workforce management, providing expertise and technology to streamline international operations. Product Breakdown Employer of Record (EOR): This service enables businesses to hire employees globally without the need to establish a legal entity in each country. Velocity Global handles all legal, tax, and compliance requirements, ensuring smooth onboarding and management of international talent. Multi-Country Payroll: Velocity Global offers a centralized payroll solution that ensures accurate and compliant payment to employees across multiple countries. This service simplifies the complexities of global payroll management, allowing businesses to pay their workforce efficiently and on time. Global Benefits: The company provides comprehensive medical, life, and AD&D benefits tailored to the needs of a global workforce. These benefits packages help businesses attract and retain top talent by offering competitive perks. Global Immigration: Velocity Global facilitates the relocation and visa processes for employees moving across borders. This service ensures a seamless transition for international hires, making it easier for businesses to mobilize talent globally. International Pensions: The company offers flexible retirement plans that cater to the diverse needs of a global workforce, helping employees save for their future regardless of their location. Global Equity Program: Velocity Global provides compliant and transparent equity programs, enabling businesses to reward their employees with ownership stakes while minimizing legal and regulatory risks. Flexible Office Space: Through partnerships, Velocity Global offers on-demand workspaces, providing flexible office solutions that meet the needs of remote and distributed teams.

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

Keywords

Keywords

Classified

Private