Diversified Human Resources (DHR) is a professional employer organization providing outsourced human resources management services to small to medium sized businesses nationwide. DHR’s solutions include payroll processing, benefits administration, risk management, compliance administration, e-Verification and I-9 processing, and other HR services. Separately, DHR offers temporary and temporary-to-permanent employment services through International Staffing Services.
Caltius Structured Capital provided senior secured subordinated notes with warrants to refinance DHR’s existing debt, provide growth capital for geographic expansion and fund a shareholder dividend.
“We are extremely pleased to have partnered with Caltius Structured Capital. They offered us a flexible capital solution that will enable us to leverage our long term success and invest in our continued growth and expansion into new geographic markets.”
Brian Lesk, CEO, DHR