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New Deal


Announced

Completed

Apollo-backed EmployBridge completed the acquisition of Bluecrew from IAC.

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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Domestic

Recruiting

Private

Friendly

Single Bidder

Acquisition

Majority

United States

human resources

Private Equity

Management Consulting

Completed

Synopsis

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Apollo-backed EmployBridge, a provider of technology-enabled, light industrial workforce solutions, completed the acquisition of Bluecrew, a human recources staffing solution provider, from IAC, an American holding company that owns brands across 100 countries. Financial terms were not disclosed. “The role of our industry has never been more critical as employers continue to face widespread hiring challenges across sectors. Our clients and talent increasingly expect a seamless digital experience, and with the addition of Bluecrew, we will immediately accelerate our technological transformation to capture this growing demand, while creating a flywheel to drive growth in the other areas of our business. Bluecrew brings a world-class team and a sophisticated, self-service product that will complement our own distinguished offerings, allowing us to provide an unmatched experience,” Billy Milam, EmployBridge CEO.

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