Sequent Inc. has been acquired by Resourcing Edge Holding Company

Oktober 2017 — Resourcing Edge Holding Company LLC (Resourcing Edge), an industry leader and certified professional employer organization (CPEO), has acquired Sequent, Inc., a well-established professional employer organization (PEO) based in Columbus, Ohio.

Sequent serves the small and mid-sized business market as a consulting and outsourcing company offering a full range of integrated human resources (HR) support services such as a member-only health fund, government compliance, HR administration, payroll management, HR audits and assessments, and talent recruiting.

Resourcing Edge, based in the southwestern US, provides human capital management (HCM) solutions, combining decades of experience with cutting-edge tools, helping businesses manage, develop and retain a talented team, ensuring compliance, minimizing risks and freeing up precious time and resources.

Our role in the transaction

Oaklins’ Dallas team advised the seller in this transaction, working with the management and shareholders to prepare a plan, including the separate sale of two operating su bsidiaries to clear the way for the sale of the parent company. The team prepared a memorandum and ran a targeted and formal process. They recommended the top three candidates and then approached each one of them with requests to improve the terms and valuation. They then proposed the best-fit buyer and the transaction was closed within 60 days of the acceptance of the LOI.