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Announced

Completed

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

Synopsis

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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