Add-on Acquisition • Staffing

Fahrenheit IT Acquires Halo Group

On August 2, 2017, Fahrenheit IT acquired staffing company Halo Group

Acquisition Context

This is Fahrenheit IT’s 2nd transaction in the Staffing sector.
This is Fahrenheit IT’s 3rd transaction in the United States.
This is Fahrenheit IT’s 1st transaction in Michigan.

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M&A Deal Summary
Date	August 2, 2017
Target	Halo Group
Sector	Staffing
Buyer(s)	Fahrenheit IT
Deal Type	Add-on Acquisition

Target Company

Halo Group

Novi, Michigan, United States

Halo Group is an IT staffing and consulting solution company specialize in providing UX/UI, data and analytics, and cloud consultants as well as experts in all areas of security, project governance and multi-platform application development. Halo Group was founded in 2004 and is based in Novi, Michigan.

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Buyer Overview 1

Buyer

Fahrenheit IT

Littleton, Colorado, United States

Category	Company
Founded	1998
Sector	Information Services

DESCRIPTION

Fahrenheit IT Staffing and Consulting is a middle-market IT staffing companies,

Deal Context for Buyer	#
Overall	3 of 3
Sector: Staffing	2 of 2
Type: Add-on Acquisition	3 of 3
State: Michigan	1 of 1
Country: United States	3 of 3
Year: 2017	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2015-06-30	Information Technology Engineering Aurora, Colorado, United States Information Technology Engineering Corp. (ITEC) is a provider of cost-effective, individually tailored, technical staffing solutions.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2015-06-30

Information Technology Engineering

Aurora, Colorado, United States

Information Technology Engineering Corp. (ITEC) is a provider of cost-effective, individually tailored, technical staffing solutions.

Buy

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