Deal Details
Sale to GEE Group Inc.
Summary
Baird served as exclusive financial advisor to SNI Companies on this transaction
About
SNI Companies (“SNI” or the “Company”) was recently acquired by GEE Group Inc. (“GEE”) (NYSE:JOB) through a merger agreement. Total consideration for SNI is $86 million in a combination of cash, equity and debt. The acquisition of SNI enhances and broadens GEE’s service offerings and expands its geographic footprint to more markets nationwide.SNI is a premier employment firm specializing in the placement of temporary and permanent finance and accounting, information technology and administrative / clerical professionals principally within small and medium-sized businesses. The Company is headquartered in Des Moines, Iowa.
GEE is a provider of specialized staffing solutions. GEE operates in two industry segments, providing professional staffing services and solutions in the information technology, engineering, finance and accounting specialties and commercial staffing services. GEE is headquartered in Naperville, Illinois.
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- Date
- April 2017
- Company
- SNI Companies
- Transaction
- M&A
- Sectors
- Technology & Services
- Target Geography
- North America
- Acquiror Geography
- North America
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