NRD CAPITAL ANNOUNCES MINORITY INVESTMENT IN HARRI, LLC

Private Equity Firm Invests in Next Generation Total Talent Solution for Hospitality Industry

ATLANTA, GA – April 17, 2018 – NRD Capital, an Atlanta-based private equity fund, is pleased to announce its minority investment in Harri, LLC (“Harri”).  The technology company, whose mission is to revolutionize employee-facing technology in service industries through its Workforce OS™ platform, was launched in 2013 by Luke Fryer, and is based in New York City.

The newest technology company to join NRD Capital’s diverse portfolio, the Harri Workforce OS™ platform streamlines the full breadth of the employee lifecycle. A unique aspect of the platform is that it has been purpose built for service industry verticals, with an initial focus on the hospitality..

The software offers a full suite of talent-technology solutions, offer over 30 modules in all, such as candidate sourcing, hiring and onboarding, labor management, learning and performance management. Harri’s clients currently include restaurants, hotels and other hospitality businesses. With nearly 500,000 job seekers enrolled and 8,300 employers, Harri’s innovative and intuitive platform maximizes efficiency for all parties.

“As leaders in the franchise and hospitality industries, NRD Capital knows the value in acquiring, retaining, and optimizing top-talent, and we’re confident our investment in Harri will assist in furthering the next generation of total talent solutions for the hospitality industry,” said Aziz Hashim, NRD Capital Founder and Managing Partner.

“In hospitality, people are our greatest resource, but also our greatest challenge. Hospitality businesses of all sizes are grappling with the need to offer their employees technology that is built to embrace labor related challenges, and Harri was built to solve that problem“ said Luke Fryer, CEO of Harri. "This round of funding will allow us to accelerate our investment in R&D and go to market capabilities. It will also support the expansion of marketplace and business intelligence capabilities, plus help us grow the community.”

Harri joins NRD’s extensive portfolio of companies across the hospitality, service/retail and technology industries. For more information about NRD Capital, please visit www.nrdcapital.com. For additional information about Harri, please visit www.harri.com.

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About NRD Capital

NRD Capital invests in brands that offer superior products or services and compelling unit-level economics in order to help them strategically grow through the power of franchising. The fund was founded in 2014 by Aziz Hashim, one of the world's leading experts on franchising, with the goal of leveraging operational and financial experience to position high quality brands for accelerated but responsible growth. The differentiated private equity fund takes a unique approach to investing, applying operating expertise and leveraging its wide network of franchisees, in addition to infusing capital in its portfolio companies.