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New Deal


Announced

Alvarez & Marsal Capital-backed ettain group to acquire Global Employment Solutions and Leidos's Commercial EHR Consulting Business.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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staffing solutions

Acquisition

Friendly

business solutions

Private

United States

Business Process Outsourcing

Private Equity

Majority

Single Bidder

electronic health records

Pending

Synopsis

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Alvarez & Marsal Capital-backed ettain group, an IT service management company, agreed to acquire Global Employment Solutions, which provides IT and staffing services, and Leidos Health, Leidos's Commercial EHR Consulting Business. Financial terms were not disclosed. The acquisitions will enable ettain group to further strengthen its national Healthcare IT capabilities and to grow its IT staffing presence in several strategic markets, including New York, NY, Denver, CO, and Chicago, IL.

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