PRO Unlimited Inc. agreed to acquire Workforce Logiq from Carlyle Partners VI, L.P., a fund managed by The Carlyle Group Inc. (NasdaqGS:CG) on August 17, 2021. The transaction is subject to customary conditions and regulatory approvals. It is expected to close in late Q3 2021.

Brien M. Wassner and Vijay Sekhon of Sidley Austin LLP acted as legal advisor to PRO. Jefferies LLC acted as exclusive financial advisor and Daniel Breslin & David Brown of Latham & Watkins LLP served as legal advisor to Workforce Logiq. As of November 8, 2021, CIT Group Inc. (NYSE: CIT) has announced served as joint lead arranger on a $1.16 billion financing for PRO Unlimited Inc. Proceeds were used in part to facilitate the company's acquisition of Workforce Logiq.