M&A Deal Summary

Mascon Global Acquires VersaTech Consulting

On February 1, 2007, Mascon Global acquired staffing company VersaTech Consulting from DFW Capital Partners

Acquisition Highlights
  • This is Mascon Global’s 1st transaction in the Staffing sector.
  • This is Mascon Global’s 1st transaction in the United States.
  • This is Mascon Global’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2007-02-01
Target VersaTech Consulting
Sector Staffing
Buyer(s) Mascon Global
Sellers(s) DFW Capital Partners
Deal Type Add-on Acquisition
Advisor(s) Ewing Bemiss & Co. (Financial)

Target

VersaTech Consulting

Piscataway, New Jersey, United States
VersaTech is a provider of information technology (IT) staffing in the Mid-Atlantic. Based in Piscataway, New Jersey, the Company specializes in the recruitment and placement of high bill rate IT consultants with Fortune 500 companies in connection with application development, system integration and enterprise application integration projects.

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Buyer(S) 1

Buyer

Mascon Global

Chennai, India
Category Company
Founded 1981
Sector Information Technology
Revenue 10.2B INR (2010)
DESCRIPTION

Formed in 1981, MGL is an IP-led, domain-centric technology solutions company, headquartered in Delhi, with development centers and business operations in the US, Europe, Asia, and Mexico. The company delivers technology solutions across multiple industries and holds leadership positions in the world of finance, healthcare, and life sciences, education, media, and telecommunications. It uses a comprehensive blend of products, services, and a world-class delivery model to build, deploy, and maintain technology solutions that help our clients meet their most aggressive business objectives.

DEAL STATS #
Overall 1 of 2
Sector (Staffing) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (New Jersey) 1 of 1
Country (United States) 1 of 2
Year (2007) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-12 SDG

Norwalk, Connecticut, United States

SDG is a provider of technology, consulting and risk management solutions to strengthen enterprise businesses while managing IT risk.

Buy $55M

Seller(S) 1

SELLER

DFW Capital Partners

New York, New Jersey, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1983
PE ASSETS 600M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

DFW Capital Partners is a private equity firm that invests in high-growth middle-market service companies generating revenues up to $200 million. Specific service areas of interest include business services, industrial services, and healthcare services. Prospective transactions include growth capital financing, acquisition financing, management buyouts, and recapitalization. DFW will not invest in start-ups, real estate, or pure R&D companies. DFW Capital Partners was formed in 1983 and is based in Teaneck, New Jersey.

DEAL STATS #
Overall 8 of 26
Sector (Staffing) 1 of 1
Type (Add-on Acquisition) 4 of 13
State (New Jersey) 2 of 5
Country (United States) 8 of 26
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-01 Andrews International

Valencia, California, United States

Andrews International is a provider of private security and risk mitigation services to the entertainment, high-end retail, financial services, commercial property management, and education verticals.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-31 NorthEast Dental Management

Roselle Park, New Jersey, United States

NorthEast Dental Management LLC provides dentistry services to patients in New Jersey. It offers tooth whitening, TMJ treatment, root canal, veneers, dentures/partials, tooth colored fillings, dental implants, crowns/bridges, and initial oral examination services.

Buy -
Mergr

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