Here's the Deal
Baird's Investment Banking Group is pleased to announce the following transaction:
Insight Global, Inc.
Significant Investment by Ares Management LLC
Baird served as co-financial advisor to Insight Global, Inc.
Insight Global, Inc. (“Insight Global” or the “Company”), a portfolio company of Harvest Partners, LP (“Harvest”), recently announced that Ares Management LLC (“Ares”) has made a significant investment into Insight Global. Terms of the investment were not disclosed.
Insight Global provides long term, short term and temp-to-permanent technical staffing services throughout the United States and Canada. Since Insight Global’s founding in 2001, the Company has grown to be recognized as one of the premier staffing companies in the country with 28 office locations in major metropolitan markets. In 2011, Insight Global was recognized by Staffing Industry Analysts as the 8th largest IT temporary staffing firm in the U.S. and the 20th largest firm in the U.S. across all staffing sectors. Insight Global is headquartered in Atlanta, Georgia.
Founded in 1981, Harvest is a leading private equity investment firm pursuing management buyouts and growth financings. Harvest focuses on acquiring profitable companies in the business and industrial services, manufacturing and distribution, midstream energy and consumer products and retail sectors. This strategy leverages Harvest’s over 30 years of experience in financing organic and acquisition-oriented growth companies. Harvest is based in New York, New York.
Ares is a global alternative asset manager and SEC registered investment adviser with approximately $54 billion of committed capital under management. The Ares Private Equity Group pursues majority or shared control investments, principally in middle market companies with strong business franchises and world class management teams.