FFL Partners Completes Investment in Optomi Professional Services
Summary
SAN FRANCISCO--(BUSINESS WIRE)--FFL Partners (“FFL”), a private equity firm focused on growth investments in middle market companies, today announced that it has completed a significant investment in Optomi Professional Services (“OPS” or “the Company”), a leading provider of high-end technology consulting and staff augmentation under the Optomi brand and domestic rural outsourcing services under the Provalus brand. Founded in 2012 and headquartered in Atlanta, OPS provides technology consulting, team augmentation and domestic rural outsourcing services to Fortune 2000 Clients. OPS operates through two primary brands: Optomi (www.optomi.com), which focuses on high-end IT consulting and staff augmentation, and Provalus (www.provalus.com), a trailblazing provider of domestic IT outsourcing that creates quality IT jobs in rural communities. “We’re confident that FFL’s resources and expertise will enable Optomi to meet the demand for next generation IT talent and provide Provalus with more opportunity to launch additional delivery center locations that benefit rural U.S. communities.” The US IT staffing market is valued at $34 billion while the US IT Outsourcing Market is estimated at over $90 billion, according to industry data, and both are poised for additional growth as more corporations do business remotely and the demand for IT professionals with hard-to-find skill sets increases. As we deliver our holistic solution to address the tech talent shortage, we fulfill our mission to provide meals for under-resourced children, lift the spirits of hospitalized kids, present opportunities for families to thrive through the creation of technology careers and elevate entire communities as a result of the economic growth we enable.