Video: Leveraged Buyout –

09.17.18’s CEO Kent Plunkett and Prudential Capital’s Billy Greer describe the partnership between the two companies. is in the business of helping client companies optimize the decisions they make about pay for their people. As a compensation technology leader, provides data and software that helps manage pay across an organization with the goal of increasing an organization’s ability to attract and retain the best talent. This, in the end, helps drive corporate performance. was founded in 1999 by Kent Plunkett, who built the company and eventually sold it. In 2015, Kent had the opportunity to acquire back. Kent partnered with H.I.G. Capital, a private equity firm, to facilitate the transaction. To complete the acquisition, Kent and H.I.G. sought a financial partner that could provide the necessary capital in a short window of time. 

H.I.G. has partnered with Prudential Capital Group numerous times in the past and approached Prudential Capital with this financing need. Prudential Capital quickly evaluated the situation and structured a one-stop financing consisting of a revolver, senior term notes and subordinated notes, thus allowing the acquisition to close within the seller’s timeframe.

Kent and H.I.G. valued Prudential Capital’s ability to move quickly and provide a one-stop financing solution that met their, and the seller’s, needs. Since closing, Prudential Capital has continued to be involved with the business as a strategic partner focused on helping achieve their growth objectives.


For more information on our financing capabilities, please contact us.