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Case study | Global employee benefits

US private equity firm drives global expansion through competitive benefits

NFP helps US-based private equity firm expand seamlessly in seven key growth locations across Europe and Asia

Client overview

Business type

Private equity

Locations

US-headquartered
20 offices across EMEA

Employees

1,300+ global employees

Key outcomes

  • US private equity firm seamlessly expanded in seven new countries
  • Quality of benefits supported up to 6x headcount growth in each location
  • Ongoing compliance and growth being supported with monthly updates on global benefits law changes

The challenge

US private equity firm approached us to support its planned expansion by identifying and implementing the right benefits in each new country. The initial focus was on Singapore and Hong Kong, where they had small employee populations, but the relationship grew to include the UK, Italy, Germany, Luxembourg, and Abu Dhabi.

Key challenges included:

  • Limited knowledge of local benefits laws and best practices in each country
  • Navigating complex regulations and cultural differences to achieve their goals
  • Managing a mix of acquisitions and new entity setups, requiring tailored approaches

Claire Gibson
Senior Employee Benefits Consultant

The solution

The business partnered with NFP to enable expansion into key growth locations across Europe and Asia. Through detailed reporting and strong provider relationships, we helped them identify and secure the right benefits for each market.

Our approach included:

  • Comprehensive benefits reporting and audits outlining key considerations, sector trends, and recommendations
  • Leveraging local expertise and provider relationships to align benefits with the organisation's goals and employee needs
  • Engaging our dedicated UK benefits team to manage their UK entity

The results

For their business

Enhanced ability to attract local talent

Enabled the organisation to attract local talent and support up to six times headcount growth in each country through competitive benefit provision.

Continued success through ongoing compliance

Delivered monthly updates on benefits changes and legal requirements, supporting continued success as the business expanded.

Peace of mind over benefits management

Provided reassurance that benefits compliance and administration were being handled professionally across all locations.

For their people

Consistent level of employee benefits globally

Ensured employees across the globe benefitted from a consistent level of employee benefits.

Benefits tailored to local needs

In each location, employees received benefits aligned to local requirements and expectations, maximising value.

Reduced HR time and complexity

Saved the HR team valuable time and effort, allowing greater focus on meeting the needs of employees.

Do your employee benefits deliver the value your people around the world expect?

We know how complex and time-consuming it can be to design, deliver, and manage a global benefits strategy valued by your people around the world. Get in touch today to discuss the needs of your business and its global workforce, and learn how NFP can help you along the journey to meeting them.


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