Client description: An IT staffing firm

Practice area: Mergers and Acquisitions

Geographic scope: US

Industries involved: Professional services

Services applied: Divestitures; succession planning; company sales; mergers & acquisitions

Business challenge: Founding owners of this successful staffing company needed an exit strategy and young management needed new opportunities.

Methodologies: Geo Strategy Partners managed the entire process for the sale of this fast-growing IT staffing firm to a larger staffing firm as part of an exit strategy for the founding owners. We also negotiated an executive package for the current management to transition to the new company. We researched the market, developed a prospectus, solicited indicative offers and managed the negotiation through to closing.

The result: A successful transaction, exit strategy for the founders, executive package for the management within the new company. The company was successfully integrated into the larger firm and the manager rose to a senior executive position in a very short period of time.