Go to deals
Business Support Services | Private Equity

I.T. Works Recruitment, Inc. has sold 100% of stock to The Planet Group

March 2021 — The shareholders of I.T. Works Recruitment, Inc. have sold the firm to The Planet Group, a portfolio company of MidOcean Partners.

I.T. Works Recruitment is an industry-leading niche recruitment consultancy firm that places expert technology candidates in contract and permanent positions nationwide. The company specializes in sourcing and recruiting hard-to-find information technology (IT) professionals to place into dynamic Tier 2 enterprise software providers and corporate end users requiring implementations, upgrades and integrations. The company was started with the intention of selling after achieving a certain benchmark. The company achieved that benchmark so the shareholders agreed to put the company on the market.

The Planet Group consists of nine related entities purposefully built to address the professional services needs of leading companies in the accounting & finance, technology, life sciences, human resources, diversified energy & engineering and healthcare areas. The company was founded in 2009 and is headquartered in Chicago, Illinois, with offices throughout the US and Europe.

Our role in the transaction

Oaklins’ team in Dallas worked as the sell-side banker for I.T. Works Recruitment, Inc. from beginning to end, identifying the best fit acquirors, negotiating the purchase agreement, assisting in diligence and supporting closing tasks.

Parties
“When it came time to explore acquisition partners, the team helped steer us toward companies aligned with our mission and philosophy.”

Gary Dytor

CEO, I.T. Works Recruitment, Inc.

Talk to the deal team

Bryan Livingston

Managing Partner
Dallas, United States
Oaklins Capital Alliance

Related deals

Dan Group Alarm Syd has been sold to Varna Security
Private Equity | Business Support Services

Dan Group Alarm Syd has been sold to Varna Security

Dan Group Alarm Syd, a leading provider of subscription-based security solutions, has been acquired by Varna Security, a newly formed security platform backed by Triton Partners. Through the transaction, Dan Group Alarm Syd enters into a new partnership with Triton Partners, positioning the company for its next phase of growth. As part of Varna Security, Dan Group Alarm Syd will continue to operate independently, retaining its entrepreneurial culture and close customer relationships, while gaining access to capital, resources and strategic support to accelerate expansion.

Learn more
Livlande Agro has been acquired by Merito Partners
Private Equity | Agriculture | Food & Beverage

Livlande Agro has been acquired by Merito Partners

Merito Partners has acquired a controlling stake in Gaižēni SIA, one of Latvia’s leading pig farming companies operating under the Līvlande Agro brand, from NCH Capital and other shareholders. The company’s founder and management team will remain actively involved in the business, supporting its continued growth and development.

Learn more
Census Group has acquired Lecklé Oy
Private Equity | Financial Services | Other Industries

Census Group has acquired Lecklé Oy

Backed by Swedish Aspira Partners, Census Group has acquired SYS Audit Oy, Lecklé Oy, Tiliextra Oy, Tase-Koivu Oy Tilintarkastusyhteisö, HJL Audit Oy and Auditus Tilintarkastus Oy. These transactions mark the creation of new platform in the Finnish audit and advisory services market. The newly formed group is jointly owned by Aspira Partners, entrepreneurs and key employees united by a shared vision and strong commitment to serving small and medium-sized enterprises (SMEs).

Learn more