Marc SiegelCEO of Epic, said, “We are truly excited to partner with TPO for the next chapter in Epic’s growth story. We have experienced exceptional organic growth, completed several successful acquisitions during our time at Webster Equity Partners, and our business has never been better positioned to help our clients in healthcare, life sciences and schools. »
larry tarschisCEO of TPO, said, “Epic is exactly the type of company we seek to partner with: a sustainable, growing company with an exceptional management team that is committed to continued growth. Mark and his team have done a great job building the Epic platform, and we’re very optimistic about Epic’s ability to continue to grow its business by providing high-quality service to its existing customers and growing its customer base of organically and through new acquisitions. »
The transaction is expected to close in the second or third quarter. Truist Securities and Wells Fargo Securities have agreed to provide financing to support the acquisition.
About Epic Staffing Group
Epic is a diverse national provider of outsourced jobs to the biopharmaceutical and healthcare industries. Our staffing verticals include life sciences recruitment process outsourcingand life science consulting, travel nurse jobs, Interim executive placementallied travel, school special education jobstherapy and perfusionists, government health workersand international clinician placement. The focus is on areas where there is a significant imbalance between supply and demand, where Epic’s business model can add significant value. Additional information can be found at www.EpicStaffingGroup.com.
About the Pritzker Organization
TPO is the merchant bank for the commercial interests of the Tom Pritzker family. TPO is focused on partnering with exceptional leaders to create value across a wide range of industries. TPO seeks opportunities where it can create value for the interests of the family and those of its partners and colleagues over a significant time horizon. For more than 60 years, TPO has overseen and guided the development of dozens of portfolio companies in a wide variety of industries, including manufacturing, logistics, life sciences, hospitality, healthcare and services. . Notable companies include Hyatt Hotels, Triton Container and the Marmon Group. Recent control investments include TMS International, Lithko Contracting, KBP Investments, Mammoth Holdings, STV Inc. and Crown Health Care Laundry Services. In addition to its core strategy of building long-term businesses, TPO is also active in special situations, advising the family’s interests in the deployment of capital across a wide range of industries and investment structures. Additional information can be found at https://pritzkerorg.com/.
SOURCE Epic Recruitment Group