Talent firm ettain group announces new major acquisitions

ettain group, a provider of talent solutions, announced that it has acquired Global Employment Solutions ("GES") and Leidos Inc.'s commercial Electronic Health Records ("EHR") consulting business ("Leidos Health, LLC"). In connection with the transactions, ettain group has received a new majority investment from Alvarez & Marsal Capital ("A&M Capital"). 

Founded in 1996, ettain group has grown to employ more than 1,300 professionals nationwide with office locations in seven key markets, and a strategic focus on Information Technology, Healthcare IT and Digital Creative solutions.  Since 2014, ettain has been a portfolio company of NMS Capital ("NMS").  NMS exited its ownership of ettain as part of the transactions.

GES provides Information Technology and Professional staffing services in the commercial and government markets under the brands Fahrenheit IT, ITEC and Global Employment Solutions.  GES employs over 1,500 professionals with office locations in 13 markets.  Since 2014, GES has been a portfolio company of TZP Group.  TZP and co-investors will retain a minority stake in the combined company.

Leidos Health, LLC was originally formed through the acquisitions of Vitalize Consulting Solutions and MaxIT Healthcare in 2011 and 2012, respectively, and is a provider of EHR Implementation, Optimization, and Go-Live services. The business has been carved out from Leidos Inc. and will be re-branded along with ettain group's Healthcare IT practice as ettain health. Leidos Inc. retains a large Healthcare business that serves government and commercial customers.

The acquisitions will enable ettain group to further strengthen its national Healthcare IT capabilities and to grow its IT staffing presence in several strategic markets, including New York, NY, Denver, CO, and Chicago, IL. In addition, the firms' talented teams, range of solutions and high-integrity cultures are a strong complement to ettain group's vision to deliver an unparalleled level of quality and service. 

"We're extremely excited to join forces with these well-respected leaders in our industry. The Leidos Health business brings deep knowledge and comprehensive Healthcare IT advisory, implementation, optimization, and application management solutions. GES brings years of experience in IT and professional staffing and ranks among the largest U.S. staffing firms. The additional portfolios and strong client relationships will fuel the company forward into a new era of opportunity and result in a combined organization of more than 3,000 employees and consultants. Together, we look forward to continuing to enhance our capabilities, allowing us to drive our clients' businesses forward and to positively impact the U.S. staffing industry landscape."

Trent Beekman, Chief Executive Officer, ettain group

SOURCE ettain group

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