Add-on Acquisition • Staffing

Avenica Acquires Arch Advisory Group

On November 1, 2023, Avenica acquired staffing company Arch Advisory Group

Acquisition Context

This is Avenica’s 1st transaction in the Staffing sector.
This is Avenica’s 1st transaction in the United States.
This is Avenica’s 1st transaction in Illinois.

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M&A Deal Summary
Date	November 1, 2023
Target	Arch Advisory Group
Sector	Staffing
Buyer(s)	Avenica
Deal Type	Add-on Acquisition

Target Company

Arch Advisory Group

Chicago, Illinois, United States

Arch Advisory Group provides headhunting, executive search, and human capital advisory firm. Arch Advisory Group was founded in 2019 and is based in Chicago, Illinois.

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Buyer Overview 1

Buyer

Avenica

Minneapolis, Minnesota, United States

Category	Company
Founded	1998
Sector	Business Services

DESCRIPTION

Avenica is a career-launching platform that uses data science, behavioral psychology, and performance coaching to unleash human potential and launch careers. Avenica was founded in 1998 and is based in Minneapolis, Minnesota.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Staffing	1 of 1
Type: Add-on Acquisition	1 of 1
State: Illinois	1 of 1
Country: United States	1 of 1
Year: 2023	1 of 1

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