William Blair acted as a financial advisor to Oxford Global Resources, LLC (Oxford), a business unit of ASGN, Inc. (ASGN), in connection with its pending sale to H.I.G. Capital (H.I.G.). The transaction was signed on July 1, 2021 and is expected to close in August 2021.
Transaction Highlights
- Breadth and depth of industry expertise: Oxford Global Resources was attracted to William Blair’s extensive knowledge of, and experience in, the Staffing & HR Services sectors. The transaction team’s extensive knowledge of the market enabled William Blair to provide highly actionable insights and advice to the Oxford team throughout the process of the sale.
- Trusted guidance: The transaction team worked closely with Oxford to manage relationships with potential buyers and successfully position the company as a strong platform prepared to further capitalize on industry tailwinds.
- Leading M&A process capabilities: William Blair constructed and managed an accelerated, high-touch process with a targeted and carefully curated group of financial investors, successfully utilizing speed and certainty to generate significant competitive tension and maximize value for ASGN.
About the Companies
Oxford Global Resources is a talent-driven staffing and consulting company with more than 30 offices across North America and Europe. Oxford provides life sciences, information technology, and engineering staffing services to organizations based in North America and Europe, providing them with the flexibility to scale their workforces and build customized solutions to meet their objectives.
ASGN, Inc. (NYSE: ASGN) is one of the foremost providers of IT and professional services in the technology, digital, creative, engineering, and life sciences fields across commercial and government sectors. ASGN’s mission is to provide highly skilled human capital to improve the productivity and utilization among leading corporate enterprises and government organizations in North America and Europe. Based in Glen Allen, Virginia, ASGN was founded in 1985 and has been public since 1992.
H.I.G. Capital, founded in 1993 and based in Miami, Florida, is a leading global alternative investment firm with a focus on investing in middle market businesses. The H.I.G. family of funds includes private equity, growth equity, real estate, debt/credit, lending and biohealth services. H.I.G. invests in companies throughout the United States, Europe, and Latin America.
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