Fortune Financial, Inc.

Transaction overview

Status: Reported completed

Clarion Capital Partners, LLC reported on January 5, 2016 that its portfolio company HR Outsourcing Holdings, Inc. (HROI) completed the acquisition of Fortune Financial, Inc. on December 29, 2015. Fortune was a professional employer organization and human resources outsourcing business. Transaction terms were not disclosed.

Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.