December 08, 2023
H.I.G. Capital acquired Mainline Data Programs, a supplier of IT options, together with staffing. Mainline is predicated in Tallahassee, Florida, with income of greater than $1 billion.
The deal was introduced Dec. 5.
“Now we have been very impressed by what [CEO Jeff Dobbelaere] and the remainder of the administration workforce have constructed and look ahead to serving to the corporate additional speed up its important development potential by means of natural initiatives and acquisitions,” Aaron Tolson, managing director at H.I.G., stated in a press launch.
H.I.G. additionally owns Oxford World Assets, which it acquired from ASGN Inc. in August 2021 in a $525 million deal. Oxford ranks No. 35 on SIA’s checklist of largest IT staffing suppliers within the US.
Mainline Data Programs was based in 1989. With the acquisition, plans name for Mainline’s administration workforce — headed by Dobbelaere — to proceed main the corporate.
SIA has reached out for extra data.
H.I.G. Capital has made different acquisitions within the workforce ecosystem house over the previous few years, along with Mainline and Oxford World Assets.
In 2022, it acquired Barton & Associates Inc., a locum tenens supplier primarily based in Peabody, Massachusetts. That very same 12 months, H.I.G. portfolio firm Milestone Applied sciences acquired Software program Administration Consultants Inc., a Glendale, California-based supplier of IT providers and staffing.
Extra not too long ago in April 2023, H.I.G. introduced the acquisition of a majority stake in Workplace Folks GmbH, a personnel administration and non permanent staffing supplier primarily based in Germany.
