PE firm invests in LaSalle Network

Categories
Uncategorized

Private equity firm Infinedi Partners LP today announced the completion of its investment in Chicago-based staffing provider LaSalle Network.

“Our partnership with Infinedi will allow LaSalle to accelerate its core mission of offering our clients the best possible service and delivery while retaining and hiring the highest quality internal talent,” said Tom Gimbel, founder and CEO of LaSalle. “We’re also planning to expand our product, sector and geographic offerings in response to inquiries from our clients.”

Jay Hegenbart, founder and managing partner of Infinedi, and Carter Harned, a partner at Infinedi, have joined the board of LaSalle.

Founded in 1998, LaSalle operates in more than 20 states with more than 5,000 employees.

New York-based Infinedi targets partnerships with founder-owned businesses where it is the first private equity investor.