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New Deal


Announced

Completed

Halifax completed the acquisition of a minority stake in The Liberty Group from Merit Capital Partners and Six Pillars Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Private

United States

Domestic

Completed

Friendly

Business Process Outsourcing

Acquisition

Minority

executive search

Private Equity

Synopsis

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Halifax, a private equity firm, completed the acquisition of a minority stake in The Liberty Group, a provider of specialty temporary staffing, executive search, and employee screening services from Merit Capital Partners and Six Pillars Partners, private equity firms. Financial terms were not disclosed. "Apartment buildings have historically been challenged by high employee turnover and seasonal swings in maintenance and leasing activity, driving demand for temporary staffing services. Continued growth in the number of apartment units will likely only exacerbate these challenges. Liberty's core temporary staffing solution allows the Company's property management clients to meet their year-round staffing needs and provide a great resident experience," Doug Hill, Halifax Senior Partner.

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