The Liberty Group has been recapitalized by Six Pillars Partners and Merit Capital Partners

December 2020 — 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.

Our role in 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.