Oaktree Capital to acquire The Specialist Group from Parcom Capital.

Oaktree Capital, an American global asset management firm, agreed to acquire The Specialist Group, a staffing provider of technical engineering specialists, from Parcom Capital, an investment company in Amsterdam. Financial terms were not disclosed. "In Oaktree we found a partner that can help us accelerate our strategy, adding scale, diversification and complementary offerings to the existing platform of TSG. We are grateful for the support and opportunities that Parcom has provided to TSG over the past years and we look forward to working with Francesco and the Oaktree team in the years to come," Sil Hoeve, The Specialist Group CEO.