Kian Capital Partners Unites Labor Law Center and OutSolve
ATLANTA & CHARLOTTE, N.C.-- Kian Capital Partners, a distinguished private investment firm focusing on lower-middle-market opportunities, has announced a significant development in its portfolio. The company is merging its portfolio entity, Labor Law Center, with OutSolve, a respected player in labor compliance solutions and backed by The Riverside Company.
Established in 1999, Labor Law Center has emerged as a trusted leader in labor law compliance services. It assists businesses across the nation in navigating the complexities of compliance regulations, which continuously evolve. On the other hand, OutSolve, founded a year earlier in 1998, specializes in outsourcing labor and employment compliance solutions, focusing primarily on federal contracting requirements and related regulations. The merger promises to produce a robust array of compliance solutions, ultimately enhancing service delivery and market position.
“Kian has been instrumental in our growth journey at Labor Law Center,” expressed Cat Caruso, the CEO of LLC. “We’re thrilled to partner with OutSolve and their leadership team, as this merger will enable us to strengthen our offerings for our esteemed clients.”
Over the past three years of collaboration with Kian, Labor Law Center has attained notable achievements. The firm has established a first-rate leadership lineup, recruiting professionals including CEO Cat Caruso and CFO Kyle Winkler. The executive team, which also features Bhavna Patel and Al Contrera, has successfully implemented critical systems that support data-informed decision-making. These improvements have significantly expanded their subscriptions and boosted e-commerce capabilities.
Kevin McCarthy, Kian's Co-Founder and Managing Partner, reflected on their partnership stating, “Labor Law Center’s accomplishments since coming together with us have been impressive, chiefly under the guidance of Cat and her exceptional team. This merger with OutSolve opens up exciting growth avenues for both entities.”
Kian intends to maintain its investment role and become a significant minority stakeholder alongside The Riverside Company within OutSolve. This partnership reinforces Kian’s commitment to supporting organizations that prioritize compliance and operational excellence.
“Working with OutSolve and Riverside will enhance our capabilities to better serve our customers as a unified entity,” indicated David Hare, Kian Principal. “This partnership creates a formidable compliance leader and will enable us to address the needs of our market more effectively.”
About Labor Law Center
Labor Law Center is renowned for providing specialized labor law compliance services to a diverse array of businesses, from small entrepreneurs to large corporations with multiple locations. Its steadfast dedication to quality and reliability has established it as an invaluable partner for compliance services nationwide.
About OutSolve
OutSolve is at the forefront of consulting firms committed to ensuring companies meet rigorous employment-related regulatory standards. The firm focuses on areas such as affirmative action planning, compliance support for audits, and various reporting requirements, which are critical in today’s regulatory environment.
About Kian Capital Partners
Kian Capital Partners is dedicated to forging strategic partnerships that promote growth and generate long-lasting value. With over $1 billion in assets under management, Kian operates across four primary sectors, effectively leveraging over a century of collective investment experience to offer transformative capital solutions and operational guidance to businesses.
Frequently Asked Questions
What is the significance of the merger between Labor Law Center and OutSolve?
The merger enhances compliance services, creating a more powerful entity in labor law and employment compliance, better serving customers' needs.
Who leads the merged company?
The merged company is led by the leadership teams from both Labor Law Center and OutSolve, with Cat Caruso as CEO and key executives from both organizations.
How has Kian Capital contributed to Labor Law Center's growth?
Kian Capital has provided strategic support and operational resources over the last three years, significantly improving leadership and operational efficiencies.
What kind of services does Labor Law Center provide?
Labor Law Center specializes in labor law compliance services, helping businesses stay updated with legal requirements across various sectors.
What is Kian Capital's investment strategy?
Kian Capital focuses on lower-middle-market companies, utilizing flexible financial resources to foster growth and create lasting value in diverse industry sectors.
