Scattered blocks with employees. Copy space. Recruiting and staffing. Search and hiring of new employees. Human resources. Find best talented candidates for an open role job. Personnel management
Tandym, founded in 1985 and formerly operating as the Execu|Search Group, is based in New York, New York. The company has 804 employees listed on LinkedIn. Tandym’s areas of expertise include direct hire recruitment, contract/ consulting, and contract-to-hire solutions with specialized teams in healthcare, technology, life sciences and professional services. Tandym is backed by private equity firm Mill Rock Capital.
Metro Systems, founded in 2005, is based in Alexandria, Virginia. The company has 83 employees listed on LinkedIn. Metro Systems’ areas of expertise include IT staffing, IT recruitment, contract, contract-to-hire and direct hire. Metro Systems will become part of Tandym's technology vertical, Tandym Tech.The acquisition substantially enhances the scale and scope of Tandym Tech, Tandym's technology vertical. As a result of the combination with Tandym Group, Metro's clients will be able to access a much broader suite of services and expanded capabilities, the companies said.Larry Dolinko, CEO, Tandym GroupLarry Dolinko, CEO of Tandym Group commented on the news:
"We're very excited to welcome the Metro Systems team to Tandym. By combining our current service offerings with Metro Systems' expertise, our total solution is significantly bolstered to serve our client and candidate partners with an even broader array of services. Metro Systems has carried out a 17-year legacy of commitment to client success and unparalleled service that aligns perfectly with Tandym's mission."
Kirk Casey and Dave Steinbraker, co-CEOs of Metro Systems stated,
"In choosing the right partner, our most important criterion was finding one who shared our values. Nothing is more important to us than our clients, candidates, and employees. Tandym shares these values and can offer all of our stakeholders a remarkable opportunity for growth."
Charles Heskett, executive chairman of Tandym Group and senior partner at Mill Rock Capital, added,
"Metro Systems is a highly strategic acquisition, expanding our client base, skillset, and geographic presence. I look forward to welcoming the Metro Systems team and accelerating the growth of our combined platform."
Alvarez & Marsal Transaction Advisory Group, Lake Partners Strategy Consultants and White & Case LLP advised Tandym Group on the transaction.
IT Staffing M&A Activity
Although IT staffing business valuations are rarely announced, it’s clear that strategic buyers, investors and private equity firms maintain a strong interest in the IT staffing market.Why’s that? Surely, the talent shortage across cybersecurity, multi-cloud services, robotic process automation, artificial intelligence (AI) and other fast-growth areas generated strong demand for IT staffing firms. Here’s a sampling of the associated M&A deals that ChannelE2E has covered:19. August 2022: Talent solutions firm Digital Intelligence Systems (DISYS) acquired MAKE Corporation, a professional and IT recruiting firm.18. June 2022: The Planet Group, backed by private equity firm Odyssey Investment Partners, acquired Future State Consulting, a technology talent and consulting solutions firm.17. May 2022: Vega Consulting, an affiliate of American CyberSystems (ACS), has acquired technology staffing firm Volt Information Services.16. January 2022:Motion Recruitment Partners, backed by private equity firm Littlejohn & Co., acquired Matrix Resources, an IT staffing company focused on Agile & DevSecOps consulting, and telecom managed services talent.
Sharon is a master technology storyteller and editor with omnichannel experience: books and print magazines, digital, webcast, blogging, podcast, live events and video and associated brand-specific social media content. From 1999 to 2003, she acquired and edited technology books and certification exam prep guides.
After a year spent in publicity and editorial at mass-market book publishers, she returned to tech publishing and, since 2004, explored B2C and B2B news, issues and trends in consumer, lifestyle, software, software development, AI, ML, networks, big data, hardware, security, storage, cloud, equity, inclusion, diversity, women in tech, career development, IT management, H-1B visa issues and immigration, education, training and learning.
Her previous role was as the managing editor at Techstrong Group in charge of Cloud Native Now, DevOps.com, Security Boulevard and Techstrong ITSM and their brand-specific social media. She currently serves as editorial director for CyberRisk Alliance’s channel brands, ChannelE2E and MSSP Alert and acting editorial director for SC Media UK. Drop me a note and let’s talk!
The deal marks Katalyst’s first acquisition since partnering with e4n and adds managed services, cloud and security capabilities in the Research Triangle.
