Announced
Completed
Financials
Tags
Friendly
Merger
Single Bidder
United States
staffing company
Private Equity
Domestic
recruitment services
Majority
Outsourced HR and Staffing
Private
Acquisition
Completed
Synopsis
Odyssey Investment Partners-backed ProPharma Group, a provider of regulatory and compliance services, completed the acquisition of a majority stake in The Planet Group, a diversified professional services organization, from MidOcean Partners, a private equity firm. Financial terms were not disclosed. “The complementary nature of this merger creates a dynamic platform with a truly global footprint and a complete line of service offerings to meet all of our clients’ needs. We are looking forward to the next phase of growth and our continued commitment to quality and excellence in everything we do," Michael Stomberg, The Planet Group CEO.
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