Globalization Partners Inc., a Boston and San Diego-based provider of a platform which enables companies to hire talent in more than 170 countries, closed on a $150m minority equity investment.
The round was led by funds managed by Wincove Private Holdings and TDR Capital, with participation from Sands Capital.
The company intends to use the funds to invest in client services, technology development, sales, and global expansion.
Founded by CEO Nicole Sahin in 2012, Globalization Partners provides companies with a platform to hire employees anywhere in the world without having to navigate complex international legal, tax, and HR issues. Companies identify the talent and Globalization Partners puts that team member on their locally compliant payroll. Globalization Partners also has regional hub offices located worldwide in the UK, Germany, the UAE, India, Shanghai, Singapore, Brazil, and Mexico.