Add-on Acquisition • Staffing

First Tek Acquires Cenergy

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

Acquisition Context

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.

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

Target Company

Cenergy

Houston, Texas, United States

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 Overview 1

Buyer

First Tek

Piscataway, New Jersey, United States

Category	Company
Founded	2001
Sector	Staffing
Employees	1,500

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 Context for Buyer	#
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

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