Atlanta, GA, September 5, 2014 – CHILDS Advisory Partners (“CHILDS”) served as the exclusive financial advisor to CVPartners, Inc. (“CVPartners”), in its recent acquisition by Addison Group (“Addison”).
CVPartners is a leading provider of contract and executive search services to companies across the Finance & Accounting, Information Technology and Human Resources job functions, enhancing Addison’s existing practices in those areas across the country. The acquisition of CVPartners aligns with Addison’s growth strategy to build out its market share on a national scale through organic expansion and the acquisition of high-growth, high margin firms with complementary services.
“We are thrilled to combine forces with CVPartners and excited about the opportunity to expand our Finance & Accounting, IT and HR practices into the West Coast,” said Thomas Moran, CEO of Addison Group. “CVPartners’ expertise in the region is a natural step forward in Addison’s continued development as a leading coast-to-coast professional staffing firm. CVPartners’ business model, philosophy and procedures are in line with our vision and we look forward to our future together.”
“We are excited to team up with Addison, a top recruiting and staffing firm with vast reach and deep industry experience, to expand the scope of our high-end consulting services across the country,” said the Founders of CVPartners. “We look forward to bringing our expertise in Finance, Accounting, Information Technology and Human Resource staffing to Addison as we work together to deliver the highest level of client service.”
Dave Phillips, Director at CHILDS Advisory Partners, commented, “We were delighted to work with the management team of CVPartners as they evaluated partnership opportunities. CVPartners’ culture and service offerings align nicely with Addison. The two companies’ strong reputation and track record of growth make the combined organizations one of the premier providers of professional staffing solutions nationwide.”
CVPartners acquisition by Addison was effective August 15, 2014. CVPartners will continue to maintain its offices in San Francisco, Mountain View, Seattle, and Bellevue. The Company’s founders and team will retain their roles within the expanded organization. Terms of the transaction were not disclosed.
About Addison Group:
Addison Group is a leading provider of professional staffing services. Bringing the best candidates to the best clients, Addison combines a national network and localized service for broad reach with a personal touch. Specialized practices deliver the right candidate at the right time in Information Technology, Finance & Accounting, Healthcare, and Administration & HR. Addison Group is a portfolio company of Trilantic Capital Partners, an international private equity firm. Learn more at www.addisongroup.com
CVPartners is a premier provider of professional staffing and recruiting services specializing in contract, consulting, and executive search solutions for emerging growth and Fortune 500 companies. Since inception in 2001, CVPartners has become a market leader for staffing in the Finance & Accounting, Information Technology, and Human Resources sectors. CVPartners services the San Francisco and Seattle markets with additional staffing capabilities nationwide. Over the years, CVPartners has received numerous awards ranging from the #1 Executive Recruitment Firm by Washington CEO Magazine and being recognized in the list of #1 Best Places to Work by the San Francisco Business Times to being one of the Fastest Growing Companies in America by Inc. Magazine. Learn more at www.cvpartnersinc.com
About CHILDS Advisory Partners
CHILDS Advisory Partners provides exceptional investment banking services to high‐performing business services and technology companies. Our unique combination of global sector focus, process excellence and strength of team allow us to achieve successful outcomes for our clients. Collectively, our senior bankers have executed over 450 M&A and financing transactions. CHILDS is a member of FINRA and SIPC and is a registered broker‐dealer.
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CHILDS Advisory Partners
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Atlanta, Georgia 30326
“We are fortunate to have a strong team of smart, driven professionals who won’t settle for less than the best. It’s that drive that high-growth clients and private equity firms count on for results over the long-term.”
—Jim Childs, Founder
CHILDS Advisory Partners