TZP Group acquires Global Employment Solutions
Terms of the transaction were not disclosed.
Global Employment Solutions, Inc is one of the fastest-growing providers of specialty staffing solutions in North America, offering contract and permanent placement staffing services, with a strategic focus on the information technology (“IT”) segment. Global operates under two nationwide brands: Global Employment Solutions, which provides all non-IT contract staffing and permanent placement services, and Fahrenheit IT, which provides all IT contract and permanent placement staffing solutions. Global Employment Solutions, Inc is headquartered in Littleton, Colorado.
Victory Park Capital is a privately held registered investment advisor dedicated to alternative investing through the management of private investment funds. As specialists in non-traditional investments, VPC focuses on niche credit and private equity opportunities in both distressed and improving middle market companies across a diversified range of industries. Whether as a lender or a control investor, VPC seeks to identify opportunities where it believes the potential for reward outweighs the risks entailed. Founded in 2007, VPC is headquartered in Chicago, Illinois with additional resources in Boston, Massachusetts, New York, New York and San Francisco, California.
Founded in 2007, TZP Group LLC is a private equity firm focused on control investments in business and consumer services companies with enterprise values generally between $50 million and $250 million. TZP targets companies with solid historical profitability and sustainable value propositions, and seeks to be a “partner of choice” for business owners and management teams. TZP is headquartered in New York, New York.
Baird's Investment Banking Group assisted with the transaction.