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Announced

Completed

Trilantic North America completed the acquisition of Addison Group from Odyssey Investment Partners.

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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Single Bidder

Completed

Private Equity

Private

Friendly

Acquisition

Domestic

staffing & employment services

Outsourced HR and Staffing

United States

Majority

Synopsis

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Trilantic North America, a global private equity firm, completed the acquisition of Addison Group, a Chicago-based professional services firm specializing in talent solutions and consulting, from Odyssey Investment Partners, a private equity investment firm. Financial terms were not disclosed. "Addison Group is a market-leading business in both the talent solutions and consulting markets with tremendous runway for continued growth. It has been a privilege working alongside the management team to execute on our strategic goals. We wish them continued success as they embark on the next phase of their journey," Jeffrey McKibben, Odyssey Senior Managing Principal.

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