BHH Capital Partners provided Chime Solutions, a Georiga-based provider of customer contact services, with a $30 million recapitalization investment.
The recapitalization was made through BBH Capital Partners Opportunities Fund. The capital raise will support Chime’s business process outsourcing solutions and its mission of creating economic and social impacts in underserved communities. The growth capital investment from BBHCP will enable Chime to continue its expansion into new markets and invest in next-generation customer experience technologies to support corporations seeking cost solutions from outsourced partners located in the U.S.
“With the support and expertise of BBHCP, Chime will continue to innovate and support our clients’ complex requirements while solidifying our position as the emerging leader in the customer contact industry. We are excited to partner with BBHCP, as we aspire to change the narrative in underserved communities and impact lives as we deliver high-impact solutions to our clients,” Mark Wilson, CEO and founder of Chime, said.
“We were impressed with Chime’s management team, customer-centric delivery model and operational excellence. We also recognize the progress Chime has made through its entrenched relationships with blue-chip customers and near-term growth prospects. We value and support Chime’s differentiated business model, creating a positive social impact and career opportunities for underserved communities. We look forward to helping drive Chime’s ongoing influence and success in this regard as their equity partner,” Donald Hardie, managing director of BBH and co-manager of CP Opportunities Fund, said.
BHH Capital Partners is the private investing arm of Brown Brothers Harriman & Co.
