Childs Company Advises Lucas Group
Atlanta, GA July 24, 2007 – Lucas Group, the nation's premier contingent search staffing business, announced today the acquisition of a majority share of its business by H.I.G. Capital LLC, a private equity firm with more than $4 billion under management.
With 17 locations and $70 million in annual revenue, Lucas Group has built a reputation for successfully providing contingent search services in multiple industries, including finance/accounting, legal and military.
Art Lucas, founder, sought a transaction whereby he could achieve personal diversification while keeping the company brand intact. In partnership with senior management, Childs Company developed the company's positioning in the marketplace and assisted the company in finding the right buyer to continue its strategy to be the premier contingent search business in the US.
Childs Company's knowledge of the staffing industry and our proprietary database of private equity firms who have indicated interest in staffing and IT services firms enabled us to quickly identify suitable buyers.
About Childs Company
Childs Company provides investment banking services to middle market companies with an emphasis on staffing, IT services and business process outsourcing firms. Each principal at Childs Company has both operating and advisory experience which allows us to effectively advise our clients before and during a transaction. For further information please visit us at www.childscompany.com.
