The Liberty Group has been recapitalized by Six Pillars Partners and Merit Capital Partners
The Liberty Group has been recapitalized by Six Pillars Partners and Merit Capital Partners.
The Liberty Group (Liberty), founded in 1977, provides temporary staffing and executive search services for multifamily customers. Liberty provides people for onsite property management, marketing, leasing, maintenance, accounting, information technology and other roles. Liberty operates across the US. Its temporary staffing arm, Liberty Temporaries, has 28 offices serving more than 5,000 properties a year in 35 states. Its search division, Liberty Executive Search, focuses on placing executives in multifamily corporate roles, such as asset management, development, construction and finance.
Six Pillars Partners, a Dallas private equity firm specializing in high-growth B2B services, led the transaction. Chicago-based Merit Capital Partners, a private equity group that has raised over US$2.2 billion from institutional investors and has a preference for established companies on course for sustained growth, partnered on the transaction.
Oaklins’ Dallas team advised Liberty in the successful recapitalization of the Houston-based multifamily-focused staffing firm. The team managed a professional process generating multiple qualified buyers and received two competitive LOIs. Their process enabled them to identify the best fit acquiror and make improvements to the purchase price.
Ken Bohan
Founder and CEO of The Liberty Group
Talk to the deal team
Bradley S. Buttermore
Oaklins Capital Alliance
Bryan Livingston
Oaklins Capital Alliance
Related deals
Bolster Investment Partners has acquired a majority stake in Eternal Sun
Bolster Investment Partners, a Netherlands-based investment firm, has acquired a majority stake in Eternal Sun, a global technology leader in advanced solar panel testing equipment, from ABN AMRO Sustainable Impact Fund, a private impact fund based in the Netherlands, and Vermec, a Belgium-based investment firm.
Learn moreiwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Learn moreLargest AIM IPO in the business support services sector over the past five years has been completed
MHA plc raised US$131 million (£98 million) through a placing and retail offer, achieving a market capitalization of approximately US$363 million (£271 million) on admission. This was the largest AIM IPO in the business support services sector over the past five years. The IPO provides a platform for continued investment in technology, talent and acquisitions, supporting the group’s ambition to become a top 10 UK professional services firm.
Learn more