M&A Deal Summary

Artech Information Systems Acquires CDI - Talent & Technology Solutions Business

On October 2, 2018, Artech Information Systems acquired staffing company CDI - Talent & Technology Solutions Business from CDI Engineering Solutions

Acquisition Highlights
  • This is Artech Information Systems’ 1st transaction in the Staffing sector.
  • This is Artech Information Systems’ 3rd transaction in the United States.
  • This is Artech Information Systems’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2018-10-02
Target CDI - Talent & Technology Solutions Business
Sector Staffing
Buyer(s) Artech Information Systems
Sellers(s) CDI Engineering Solutions
Deal Type Divestiture

Target

CDI - Talent & Technology Solutions Business

Philadelphia, Pennsylvania, United States
CDI's TTS business unit is comprised of a team of approximately 2,500 professionals that deliver IT and engineering talent sourcing services and technology solutions to clients across North America.

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Buyer(S) 1

Buyer

Artech Information Systems

Morristown, New Jersey, United States

Category Company
Founded 1992
Sector Information Services
DESCRIPTION

Artech Information Systems LLC provider of Workforce Solutions, SOW-Project Support and Outsourced Services.


DEAL STATS #
Overall 3 of 3
Sector: Staffing M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-05 Tech-Pro

Roseville, Minnesota, United States

Tech-Pro, Inc. is an information technology solutions company known for helping its clients achieve their business objectives.

Buy -

Seller(S) 1

SELLER

CDI Engineering Solutions

Houston, Texas, United States

Category Company
Founded 1950
Sector Staffing
Revenue 985M USD (2015)
DESCRIPTION

CDI Engineering Solutions is a provider of engineering, design, architecture and project support services to the energy, chemicals and infrastructure markets. CDI’s proven project management capabilities and a deep team of experts enable them to deliver the most complex and challenging projects, safely, on time and on budget. CDI Engineering Solutions was founded in 1950 and is based in Houston, Texas.


DEAL STATS #
Overall 3 of 4
Sector: Staffing M&A 3 of 4
Type: Divestiture M&A Deals 3 of 3
State: Pennsylvania M&A 2 of 3
Country: United States M&A 3 of 4
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-12 CDI - Aerospace & Industrial Equipment Business

Philadelphia, Pennsylvania, United States

CDI Corp. - Aerospace Assets deliver engineering and recruitment solutions for a broad range of aerospace platforms, from large commercial aircraft to the military’s most advanced rotorcraft, fighter jets, missiles, and unmanned systems. Services include mechanical and electrical systems design, drafting, engineering analysis, software design and verification, validation and testing, technical support, advanced engineering analysis, safety-critical embedded systems, test and validation support, tooling design and development, and contract and full-time staffing services for key OEMs across the United States and Canada.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-28 MRINetwork

Philadelphia, Pennsylvania, United States

MRINetwork, Inc. is a recruitment organizations with a full range of Permanent Placement options ranging from Retained or Contingency Search to Contract Staffing and Recruitment Process Outsourcing solutions, MRINetwork gives you the flexibility you want at the pace you demand.

Sell -