M&A Deal Summary

First Tek Acquires Cenergy

On April 23, 2024, First Tek acquired staffing company Cenergy

Acquisition Highlights
  • This is First Tek’s 1st transaction in the Staffing sector.
  • This is First Tek’s 1st transaction in the United States.
  • This is First Tek’s 1st transaction in Texas.

M&A Deal Summary
Date 2024-04-23
Target Cenergy
Sector Staffing
Buyer(s) First Tek
Deal Type Add-on Acquisition
Advisor(s) Madison Street Capital LLC (Financial)

Target

Cenergy

Houston, Texas, United States
website
Cenergy is a staffing and recruiting company focused on procuring experienced personnel for the energy, aerospace, defense and chemical sectors. The company has over 1,300 field consultants, working both onshore and offshore in 17 countries and every continent except Antarctica. Cenergy was founded in 1996 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

First Tek

Piscataway, New Jersey, United States

website

Category Company
Founded 2001
Sector Staffing
Employees1,500
DESCRIPTION

First Tek is a provider of IT staffing services that connects the best IT professionals to opportunities at leading companies across virtually all industries. First Tek was founded in 2001 and is based in Piscataway, New Jersey.

DEAL STATS #
Overall 1 of 1
Sector (Staffing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

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