Pittsburgh, PA, December 8, 2020 — System One Holdings, LLC, a leading provider of specialized workforce solutions and integrated services, announced a definitive agreement to receive a significant investment from funds managed by Oaktree Capital Management, L.P.
"We have rapidly expanded our platform and portfolio of services, and we believe System One is well-positioned for continued growth in partnership with Oaktree," said Troy Gregory, System One President and CEO.
"System One is a recognized leader in its industry. We are thrilled to partner with an exceptional leadership team that founded and built a platform with a differentiated ability to deliver specialized workforce solutions," said Jimmy Lee, Managing Director of Oaktree. System One is one of the largest workforce solutions and integrated services firms in the U.S. with over 8,000 employees and consultants. Financial terms were not disclosed.