LO3 Capital, a private investment firm focused on delivering transformative capital solutions to lower-middle market companies, has announced a senior debt and preferred equity investment in support of a U.S.-based owner-operator's recapitalization of a national provider of professional employer organization (PEO) and workers' compensation insurance services.

The transaction was led by two experienced operators with a successful track record in the HR and insurance sectors as part of a strategic effort to modernize and scale the business. The company offers comprehensive payroll, benefits, and compliance services to small and mid-sized businesses across the country.

Read full press release here.