De Bellas & Co., a specialty investment banking firm focused on the staffing, IT Services and HRO sectors for the last 30 years, reported today that 23 staffing and related M&A combinations were announced in Q3 2014. This brings the total number of announced transactions to 78. At this pace, 2014 would be the first year that announced transactions would exceed 100 since 2007. The healthcare segment lead in transaction volume followed by IT Staffing, Finance/Accounting and Professional Services.
Privately owned firms were the buyers on 70% of the announced transactions with 16 transactions and publicly held strategic firms accounted for 30% of the 7 announced transactions. Private equity groups made no acquisitions in this space in Q3. However, the PEG’s remain active in seeking staffing and related acquisitions as platform investments as well as add on acquisitions for their portfolio companies.
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Wed, August 2, 2017