M&A Deal Summary

Avenica Acquires Arch Advisory Group

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2023-11-01
Target Arch Advisory Group
Sector Staffing
Buyer(s) Avenica
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
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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