PRO Unlimited receives $1.16B financing for acquisition, GCP

PRO Unlimited Inc. received $1.16 billion in financing. CIT Group Inc.'s asset-based lending group was joint lead arranger.

Proceeds financed an acquisition of Workforce Logiq and funded general corporate purposes, according to a Nov. 2 statement from the companies.

PRO Unlimited is a workforce management platform provider. In 2017, Harvest Partners acquired PRO from Investcorp.