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Announced

Completed

Hastings Equity Partners completed the acquisition of a minority stake in TERRA.

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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Completed

Acquisition

staffing

Private Equity

Domestic

United States

Single Bidder

Outsourced HR and Staffing

Private

Friendly

Minority

Synopsis

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Hastings Equity Partners, a private equity firm, completed the acquisition of a minority stake in TERRA, a staffing firm. Financial terms were not disclosed. “Our mission is Success Stories Created Daily and as we celebrate our 40th anniversary, I can think of no better way to mark this milestone than to take on a partner who will allow us to create more success stories for more people than ever before,” Greg Lambert, TERRA CEO.

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