The TLC Companies, a Brooklyn Center, Minn.-based provider of outsourced human resource services for the transportation industry, has received an investment of undisclosed amount.
Investors included High Street Capital, Cohesive Capital Partners, and the company’s management team.
The company intends to use the capital for growth efforts and provide liquidity for its owners.
TLC’s service offering includes payroll processing, benefits administration, workers compensation and unemployment claims management, employee screening, and safety and risk management. The company currently provides services to over 12,000 individuals in over 1000 client worksites.