Shore Capital Partners has announced it has invested in the Tandem Family of Companies.
Tandem provides human resources services to small, mid-sized and enterprise businesses throughout the United States. The company is comprised of four brands: Tandem HR, a professional employer organization that provides human resources outsourcing solutions; Benefit Solutions Group and Alliance Workplace Solutions, providers of brokered benefits for groups and individuals; and Workplace Solutions, a provider of employee assistance programs.
Shore Capital Partners, based in Chicago, pursues healthcare investments in the lower middle market. Founded in 2009, the firm pursues control equity investments in the healthcare services, products and distribution markets through a range of investment amounts. Within healthcare, Shore seeks to invest in the provider services and non-reimbursement industries.
Terms of the transaction were not disclosed.