Atlanta, GA, May 20, 2014 – CHILDS Advisory Partners (“CHILDS”) served as the exclusive financial advisor to iSense ICT Professionals (“iSense” or the “Company”), in its recent sale to ManpowerGroup (“Manpower”). The partnership will support iSense’s growth and dominant position in the Dutch IT staffing marketplace.
According to ManpowerGroup, the acquisition will improve growth in the professional staffing segment. iSense’s placement of skilled IT contract workers also complements the existing service provided by Experis IT, part of ManpowerGroup. iSense will continue to operate as a separate brand and will retain its existing management team.
Vikram Kapoor, co-founder and Managing Director of iSense said, “The partnership with Manpower provides substantial opportunities for iSense to continue to be one of the leading IT recruiting companies in the Netherlands. The CHILDS team’s sector knowledge and international expertise were crucial to the successful completion of the transaction.”
Alan Bugler, Director at CHILDS Advisory Partners, said “this deal puts tremendous resources behind the iSense management team to further build their brand. This successful transaction marks the continued growth of CHILDS as a leader in global staffing transactions.”
Terms of the transaction were not disclosed.
About iSense ICT Professionals
iSense is a pre-eminent provider of information technology staffing solutions. The Company focuses on placing high-end IT personnel domestically in the Netherlands across a range of functions including programmers, system administrators, and IT managers. The Company provides temporary staffing and detavast services and is located in Gouda and Eindhoven.
ManpowerGroup™ (NYSE: MAN) has been the world’s workforce expert, creating innovative workforce solutions, for more than 65 years. As workforce experts, we connect more than 600,000 men and women to meaningful work across a wide range of skills and industries every day. Through our ManpowerGroup family of brands — Manpower®, Experis™, Right Management® and ManpowerGroup™ Solutions — we help more than 400,000 clients in 80 countries and territories address their critical talent needs, providing comprehensive solutions to resource, manage and develop talent.
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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