Oasis outsourcing has acquired Staffone
Chicago, IL – December 7, 2017 –
Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Staff One, Inc. (Staff One HR or the Company) to Oasis Outsourcing, Inc. (Oasis Outsourcing), the nation’s largest privately held professional employer organization (PEO) and a portfolio company of Stone Point Capital and Kelso & Company. BGL’s Business Services team served as the exclusive financial advisor to Staff One HR. Terms of the transaction
“The BGL Business Services team ran an outstanding process which resulted in an excellent outcome for both Staff One HR and its investor group. We enjoyed working with the entire BGL team throughout the process, and Cliff Sladnick provided the Company and the Board of Directors with sage advice,” said Mark Sinatra, Chief Executive Officer of Staff One HR.
“BGL has shown us a number of quality PEO prospects over the past few years, two of which (Fortune Industries and Staff One) we have been pleased to consummate,” said Mark Perlberg, President and Chief Executive Officer of Oasis Outsourcing.
|Global M&A Offices||
Brown Gibbons Lang & Company (Global M&A USA)
|Global M&A Advisory||Advisor to the seller|