M&A Deal Summary

Gee Group Acquires SNI Companies

On April 3, 2017, Gee Group acquired staffing company SNI Companies from Monroe Capital for 86M USD

Acquisition Highlights
  • This is Gee Group’s 6th transaction in the Staffing sector.
  • This is Gee Group’s largest (disclosed) transaction.
  • This is Gee Group’s 8th transaction in the United States.
  • This is Gee Group’s 2nd transaction in Iowa.

M&A Deal Summary

Date 2017-04-03
Target SNI Companies
Sector Staffing
Buyer(s) Gee Group
Sellers(s) Monroe Capital
Deal Type Add-on Acquisition
Deal Value 86M USD

Target

SNI Companies

West Des Moines, Iowa, United States
SNI Companies, Inc. is a provider of professional staffing in the accounting and finance, information technology, administrative, and legal fields. SNI Companies, Inc. was established in 1998 and is headquartered in West Des Moines, Iowa.

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Buyer(S) 1

Buyer

Gee Group

Jacksonville, Florida, United States

Category Company
Founded 1893
Sector Staffing
Employees210
Revenue 116M USD (2024)
DESCRIPTION

Gee Group is a provider of staffing services and solutions. Gee Group operates in two industry segments, providing professional staffing services and solutions in the information technology, engineering, finance and accounting specialties and commercial staffing services through the names of Access Data Consulting, Agile Resources, Ashley Ellis, General Employment, Omni-One, Paladin Consulting, and Triad. Gee Group was founded in 1893 and is based in Jacksonville, Florida.


DEAL STATS #
Overall 8 of 9
Sector: Staffing M&A 6 of 7
Type: Add-on Acquisition M&A Deals 8 of 9
State: Iowa M&A 2 of 2
Country: United States M&A 8 of 9
Year: 2017 M&A 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-03 Staffing Now

West Des Moines, Iowa, United States

Staffing Now is a provider of professional staffing services to small and medium-sized companies through 33 offices in the Midwest, Northeast, Mid-Atlantic and Southeast regions of the U.S. Staffing Now was founded in 1998 and is based in West Des Moines, Iowa.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-06 Hornet Staffing

Alpharetta, Georgia, United States

Hornet Staffing delivers contract and contract-to-hire talent for clients that utilize a managed service provider or vendor management system. Hornet Staffing was founded in 2013 and is based in Alpharetta, Georgia.

Buy -

Seller(S) 1

SELLER

Monroe Capital

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Lender
Founded 2004
PE ASSETS 14.1B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Monroe Capital is a provider of senior and junior debt and equity co-investments to middle-market companies in the US and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, asset based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital is a generalist investor and will consider companies in the healthcare, technology, media, retail, consumer sectors. Monroe Capital was formed in 2004 and is based in Chicago, Illinois.


DEAL STATS #
Overall 18 of 55
Sector: Staffing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 10 of 29
State: Iowa M&A 1 of 1
Country: United States M&A 18 of 54
Year: 2017 M&A 2 of 7
Size (of disclosed) 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-09 United Subcontractors

St. Paul, Minnesota, United States

United Subcontractors, Inc. is an independent insulation subcontractor in the U.S. and one of the major shell contractors in Florida. USI has become a major building solutions provider in the United States by combining local market savvy with outstanding employees, superior technology, and the infrastructure of a national network. USI provides the nation’s residential and commercial contractors with a wide range of construction services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-06 MooreCo International Holdings

Temple, Texas, United States

MooreCo is an innovative designer and manufacturer of visual-communication products, technology support equipment, and furniture for the educational and commercial office markets. The Company markets its products through three brand divisions: Best-Rite, Balt and MooreCo.

Sell -