Sale to TZP Group

Technology & Services
Sale to TZP Group

Summary

Baird served as exclusive advisor to Global Employment Solutions, Inc.

About

Global Employment Solutions, Inc (“Global” or the “Company”), a portfolio company of Victory Park Capital (“VPC”), was recently acquired by TZP Group (“TZP”). 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.

For additional information about this transaction, please contact:

Bret Schoch 312-609-4965
Brian Doyal 312-609-4916
Chris Coetzee 312-609-4913
David Tutrone 312-609-7021
Technology & Services
Sale to TZP Group
Date
March 2014
Company
Global Employment Solutions, Inc.
Transaction
M&A
Sectors
Technology & Services
Target Geography
North America
Acquiror Geography
North America

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