Case Study: LucasGroup

Our Client’s Business

	$70 million contingent search firm
	Focus in finance/accounting, military and legal
	15 offices nationally

Owner’s Objectives

	Financial diversification
	Maintain firm’s identity and culture

CHILDS Process

CHILDS approached strategic and financial buyers positioning the company as the nation’s leading independent provider of mid-level professional contingent search.  HIG Capital emerged as the successful buyer in a leveraged recapitalization transaction

The CHILDS Difference

CHILDS had maintained a strategic relationship with Lucas Group for over a year and thus had intimate knowledge of the company’s strengths and weaknesses.  In addition, CHILDS had an excellent understanding of the owner’s financial and non-financial objectives. 

Based on this knowledge and our focus in the staffing industry CHILDS contacted strategic and financial buyers on a global basis and generated significant interest in the business.  The deal closed in July 2007 at attractive terms which allowed the owner to achieve his objectives.