M&A Deal Summary |
|
|---|---|
| Date | 2014-06-02 |
| Target | Staff Management Solutions |
| Sector | Staffing |
| Buyer(s) | TrueBlue |
| Sellers(s) |
Prospect Capital Management
Leeds Equity Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 310M USD |
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TrueBlue is a staffing, recruiting and workforce management company. TrueBlue's staffing services segment provides a range of blue-collar staffing services including general labor, light industrial, skilled trades, aviation and transportation mechanics and technicians, and drivers. TrueBlue's managed services segment is an outsourcer of recruitment process outsourcing services which assists is high-volume sourcing, screening and recruitment of permanent employees for all major industries and jobs. TrueBlue was founded in 1985 and is based in Tacoma, Washington.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 10 |
| Sector (Staffing) | 7 of 8 |
| Type (Add-on Acquisition) | 9 of 10 |
| State (Illinois) | 3 of 3 |
| Country (United States) | 9 of 10 |
| Year (2014) | 2 of 2 |
| Size (of disclosed) | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-06-02 |
Seaton
Chicago, Illinois, United States Seaton Corp. is a provider of recruiting, Vendor-On-Premise ("VOP") staffing, and end-to-end supplier management solutions for strategic users of contingent labor. Seaton operates through three business units -- Staff Management, PeopleScout, and StudentScout. Staff Management has been an industry pioneer of the VOP staffing solution model, which has now evolved into a platform that provides sustainable workforce solutions to Fortune 500, Global 2000, and high growth companies. PeopleScout is a leading provider of recruitment process outsourcing services designed to help firms manage their exempt and non-exempt hiring needs. |
Buy | $310M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-12-01 |
SIMOS Insourcing Solutions
Milton, Georgia, United States SIMOS Insourcing Solutions Corp. is a provider of workforce management programs leverage a combination of precision recruiting, on-premise management, and process engineering to improve clients’ operational productivity and performance. |
Buy | - |
| Category | Business Development Company |
|---|---|
| Founded | 1988 |
| Size | Middle-Market |
| Type | Sector Agnostic |
Prospect Capital Corporation is a publicly traded mezzanine debt and private equity firm that primarily provides non-control financing to support growth, recapitalizations, acquisitions, and development. Prospect will selectively consider control acquisitions by providing multiple levels of the capital structure. Prospect was initially formed in 1988 and went public 2004. The Firm is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 24 of 48 |
| Sector (Staffing) | 2 of 2 |
| Type (Add-on Acquisition) | 6 of 17 |
| State (Illinois) | 1 of 2 |
| Country (United States) | 24 of 47 |
| Year (2014) | 3 of 8 |
| Size (of disclosed) | 8 of 13 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-06-02 |
FLEETWASH
Fairfield, New Jersey, United States FLEETWASH is a platform of scale providing professional cleaning services to truck fleets and facilities such as gas stations and grocery stores. FLEETWASH was founded in 1973 and is based in Fairfield, New Jersey. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-06-30 |
Flagstone Foods
Saint Paul, Minnesota, United States Flagstone Foods, Inc. (Formerly Snacks Holding Corporation), is a holding company for Ann’s House of Nuts (“Ann’s”) and Amport Foods (“Amport”). Ann’s, based in Columbia, MD, is the largest manufacturer and marketer of trail mixes in North America. |
Sell | $860M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 3.3B USD |
| Size | Large |
| Type | Sector Focused |
Leeds Equity Partners is a specialist private equity firm that targets investments in middle-market companies operating in knowledge industries. Specific areas of interest include education (K-12, postsecondary, at-risk/special education, instruction materials, testing), training (corporate training, professional certification/continuing education, language training), and information/business services (b2b publishing, information databases/research, tradeshows/conferences, business process outsourcing, consulting, staffing, marketing). Leeds prefers investing in established companies that are leaders in their respective markets. Leeds Equity Partners was formed in 1993 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 21 |
| Sector (Staffing) | 2 of 2 |
| Type (Add-on Acquisition) | 6 of 8 |
| State (Illinois) | 4 of 4 |
| Country (United States) | 9 of 19 |
| Year (2014) | 2 of 2 |
| Size (of disclosed) | 3 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-06-02 |
Seaton
Chicago, Illinois, United States Seaton Corp. is a provider of recruiting, Vendor-On-Premise ("VOP") staffing, and end-to-end supplier management solutions for strategic users of contingent labor. Seaton operates through three business units -- Staff Management, PeopleScout, and StudentScout. Staff Management has been an industry pioneer of the VOP staffing solution model, which has now evolved into a platform that provides sustainable workforce solutions to Fortune 500, Global 2000, and high growth companies. PeopleScout is a leading provider of recruitment process outsourcing services designed to help firms manage their exempt and non-exempt hiring needs. |
Sell | $310M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-09-30 |
Fulcrum Financial Data
New York, New York, United States Fulcrum Financial Data LLC is a provider of a financial technology and information services platform. The company is comprised of four unique, entrepreneurial companies that provide research, news and data analytics in the credit information space. |
Buy | - |
