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New Deal


Announced

Completed

Apollo-backed EmployBridge completed the acquisition of Hire Dynamics from MSouth.

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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Private Equity

Private

Acquisition

United States

recruitment services

Friendly

Outsourced HR and Staffing

Domestic

Single Bidder

Majority

Completed

Synopsis

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Apollo-backed EmployBridge, a provider of technology-enabled, light industrial workforce solutions, completed the acquisition of Hire Dynamics, a provider of staffing and recruitment services, from MSouth, a private equity investment firm. Financial terms were not disclosed. "This transaction brings together two world-class organizations – expanding the breadth and depth of EmployBridge's solutions and supporting accelerated strategic investments in clients, talent and technology. We are appreciative of Michael Miles for his contributions as CEO of EmployBridge and look forward to continuing our work together on the company's board under Billy's leadership," Robert Kalsow-Ramos, Apollo Private Equity Partner.

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