Sale to Littlejohn & Co. LLC

Technology & Services
Sale to Littlejohn & Co. LLC

Summary

Baird served as financial advisor to Motion Recruitment Partners LLC on this transaction

About

Motion Recruitment Partners LLC (“Motion Recruitment” or the “Company”), a portfolio company of Gridiron Capital, LLC (“Gridiron”), was recently acquired by Littlejohn & Co. LLC (“Littlejohn”). Terms of the transaction have not been disclosed.

Founded in 1989, Motion Recruitment LLC is an innovative group of leading recruitment solution providers, including recruitment process outsourcing (Sevenstep) and IT Staffing (Jobspring Partners & Workbridge Associates). The Company empowers employers by changing the way they acquire talent. As a strategic recruiting partner, the companies of Motion Recruitment help clients develop, implement and measure best-in-class hiring processes that attract the hard-to-find talent they need to achieve their business goals. The Company delivers services across six continents in 47 countries worldwide and is headquartered in Boston, Massachusetts.

Gridiron Capital, LLC is a private investment company focused on creating value by acquiring and building middle-market branded consumer, B2B and B2C services, and niche industrial companies in the United States and Canada. Gridiron’s principals work closely with management teams to develop strategies for portfolio companies, as well as providing resources to execute business plans and build industry-leading companies. Gridiron is headquartered in New Canaan, Connecticut.

Littlejohn & Co. LLC is an investment firm focused on private equity and debt investments primarily in middle market companies. With over $7 billion under management, Littlejohn seeks to create long-term value for its investors and build sustainable success for its portfolio companies through a disciplined approach to engineering change. Littlejohn is based in Greenwich, Connecticut.
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Technology & Services
Sale to Littlejohn & Co. LLC
Date
April 2018
Company
Motion Recruitment Partners LLC
Transaction
M&A
Sectors
Technology & Services
Target Geography
North America
Acquiror Geography
North America

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