M&A Deal Summary

The Planet Group Acquires Interactive Business Systems

On November 13, 2020, The Planet Group acquired staffing company Interactive Business Systems

Acquisition Highlights
  • This is The Planet Group’s 2nd transaction in the Staffing sector.
  • This is The Planet Group’s 3rd transaction in the United States.
  • This is The Planet Group’s 1st transaction in Illinois.

M&A Deal Summary
Date 2020-11-13
Target Interactive Business Systems
Sector Staffing
Buyer(s) The Planet Group
Deal Type Add-on Acquisition

Target

Interactive Business Systems

Oak Brook, Illinois, United States
Interactive Business Systems, Inc. is a provider of flexible IT staffing and solutions. IBS offers reputable, customized IT staffing/consulting services to a diversified and very tenured client base. The dedicated staff and management team at IBS excels in providing exceptional contract staffing, deliverable-based project solutions and managed service engagements, with a strong industry presence in the Midwest and offshore delivery center in India. Interactive Business Systems was founded in 1981 and is based in Oak Brook, Illinois.

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Buyer(S) 1

Buyer

The Planet Group

Deerfield, Illinois, United States
Category Company
Founded 2009
Sector Staffing
DESCRIPTION

The Planet Group consists of nine related entities, including four global consulting organizations and five renowned staffing brands, and has been purposefully built to address the professional services needs of leading companies in the Life Sciences, Technology, Diversified Energy & Engineering, Accounting & Finance, Human Resources, Healthcare, and Digital Marketing areas. The company was founded in 2009 and is headquartered in Chicago, Illinois with offices throughout the US and Europe.

DEAL STATS #
Overall 3 of 8
Sector (Staffing) 2 of 4
Type (Add-on Acquisition) 3 of 8
State (Illinois) 1 of 2
Country (United States) 3 of 8
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-03 NDA Partners

Rochelle, Virginia, United States

NDA Partners LLC is a life sciences management consulting and contract development organization (CDO) focused on providing product development and regulatory services to the pharmaceutical, biotechnology, and medical device industries worldwide. NDA Partners was founded in 2003 and is based in Rochelle, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-01 I.T. Works Recruitment

Atlanta, Georgia, United States

Headquartered in Atlanta, Georgia, I.T. Works Recruitment is a niche recruitment consultancy firm that places expert technology candidates in contract and permanent positions nationwide. The company specializes in sourcing and recruiting hard-to-find information technology (IT) professionals to place into dynamic Tier 2 enterprise software providers and corporate end-users requiring implementations, upgrades, and integrations. Dominant markets include enterprise resource planning (ERP), human capital management (HCM), and healthcare electronic medical records (EMR) applications.

Buy -
Mergr

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