Announced
Completed
Financials
Sources
Tags
staffing solutions
Private Equity
Cross Border
Completed
Majority
Single Bidder
Norway
Friendly
Private
Outsourced HR and Staffing
Acquisition
Merger
Synopsis
Wellspring Capital-backed Airswift, a workforce solutions provider to the energy, process and infrastructure industries, completed its merger with Competentia, a staffing solutions provider. Financial terms were not disclosed. "It just made sense for two private equity-backed companies to get greater scale, greater investment dollars for growth and greater reach into other business segments. We’re situated in a very strong position for growth anywhere around the world," Janette Marx, Airswift CEO.
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