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New Deal


Announced

Completed

Caymus Equity Partners completed the acquisition of Seneca Resources.

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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Acquisition

IT staffing

Friendly

Completed

Outsourced HR and Staffing

Domestic

Private Equity

Majority

United States

Private

Single Bidder

Synopsis

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Caymus Equity Partners, a private equity firm, completed the acquisition of Seneca Resources, an IT staffing company. Financial terms were not disclosed. “With the digitization of the global economy and the remarkable growth that the IT staffing industry has experienced as a result, Seneca presented us with an opportunity to leverage our experience and existing relationships in the industry. We could not be more excited to partner with Rob and the Seneca team to continue building the business into the premier IT staffing company in the industry," Blake Cummings, Caymus Equity Principal.

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