Dallas-based private equity firm Trinity Hunt Partners has formed Allvia, a workforce services platform designed to provide scalable HR and benefits services across the full employee lifecycle.
Allvia was formed through Trinity Hunt’s investment in San Jose-based Melita Group, a human resources, benefits administration, and payroll provider. Trinity Hunt said that Allvia’s goal is to build a market-leading workforce services platform that unites hands-on expertise with scalable solutions to help employers better support their people and strengthen their businesses.
Fred Pettijohn, an experienced executive and investor who partnered with Trinity Hunt through its Exec+ program, has been named chief executive officer of Allvia.
“Melita has earned a strong reputation for helping clients address their most complex workforce challenges,” Pettijohn said in a statement.
“As employers face growing pressure to control costs, stay compliant, and deliver great employee experiences, we see a clear opportunity to build a market-leading platform that pairs deep expertise with the scale needed to help businesses succeed,” Pettijohn added. “Trinity Hunt’s collaborative approach and commitment to culture align perfectly with our values as we build this platform.”
Trinity Hunt said it will support Allvia with the strategic, operational, and financial expertise needed to boost growth through focused organic initiatives and additional partnerships.
“We’re excited to partner with Fred and the Melita team as we work to establish Allvia as an industry leader,” said John Oakes, partner at Trinity Hunt Partners. “We look forward to supporting Allvia’s growth through additional partnerships with like-minded companies that expand the platform’s geographic footprint and service capabilities.”
Kirkland & Ellis LLP served as legal advisor to Trinity Hunt Partners.
It’s been a busy season for Trinity Hunt Partners. A year ago, the firm made majority investments in two companies, Craft and Verndale, to establish a full-service digital customer experience (CX) services platform, Last summer, the company launched a a new national HVAC distribution platform, following a majority investment in Illinois-based Blackhawk Supply, a specialty distributor of HVAC parts and equipment.
Trinity Hunt Partners has more than $2 billion of assets under management focused on building leading business, healthcare, and consumer services companies.
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