M&A Deal Summary

BGSF Acquires Arroyo Consulting

On April 24, 2023, BGSF acquired information technology company Arroyo Consulting

Acquisition Highlights
  • This is BGSF’s 3rd transaction in the Information Technology sector.
  • This is BGSF’s 11th transaction in the United States.
  • This is BGSF’s 2nd transaction in Tennessee.

M&A Deal Summary
Date 2023-04-24
Target Arroyo Consulting
Sector Information Technology
Buyer(s) BGSF
Deal Type Add-on Acquisition

Target

Arroyo Consulting

Nashville, Tennessee, United States
Arroyo Consulting is a nearshore/offshore professional workforce solutions firm that specializes in IT and software development with operations in the US, Colombia and India. Arroyo Consulting was founded in 2008 and is based in Nashville, Tennessee.

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Buyer(S) 1

Buyer

BGSF

Plano, Texas, United States
Category Company
Founded 2007
Sector Staffing
Employees400
Revenue 313M USD (2023)
DESCRIPTION

BGSF provides staffing services to a variety of industries through its various divisions. BG Staffing is primarily a professional temporary staffing platform that has integrated several regional and national brands. BGSF was founded in 2007 and is founded in Plano, Texas.

DEAL STATS #
Overall 12 of 12
Sector (Information Technology) 3 of 3
Type (Add-on Acquisition) 11 of 11
State (Tennessee) 2 of 2
Country (United States) 11 of 11
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-12 Horn Solutions

Sugar Land, Texas, United States

Horn Solutions is a workforce solutions firm specializing in business consulting, managed services, and executive search. Horn’s areas of focus include strategic finance & accounting, transactional accounting & business administration, and information technology. The company also offers support services in consulting, loan staff for projects, interim and staff augmentation, direct hire, and managed services. Horn Solutions was formed in 1987 and is based in Sugar Land, Texas.

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