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SOURCE Generational Capital Markets, Inc.
DALLAS, July 15, 2014 /PRNewswire/ -- Generational Capital Markets, Inc., member FINRA/SIPC, ("GCM") an advisor to privately-held businesses for mergers & acquisitions, is pleased to announce the acquisition of its client Actium Consulting, Inc., headquartered in Sacramento, California, by Peoplelink, LLC, headquartered in South Bend, Indiana. The transaction closed July 3, 2014.
Actium Consulting is an information technology staffing and consulting firm with operations in seven states that focuses on the state government market and energy industry. Actium Consulting succeeds in generating exceptional solutions and bottom line return to its clients.
According to W. "Jay" Wilkinson, Peoplelink's CEO, "This acquisition is perfectly suited for our 'profit center' business model. Actium is a leader in the information technology staffing and project management niche and is in a strong position in their market". Wilkinson goes on to explain that "this acquisition will provide for additional growth in our professional staffing business. The acquisition will bring a talented staff of veterans and will provide current Actium clients with even more choices and higher levels of staffing support and human capital services."
Managing Director, Eric Sanderson, led the GCM deal team that advised Actium Consulting on the transaction. Eric states, "This is the perfect marriage of a rapidly growing niche focused, entrepreneurial business, with a leading industry participant. Buyer and seller share a common vision for the future and, as a result, the seller will remain with the Company and together with the resources of the Peoplelink organization will be even better positioned to service the existing customer base and expand into new segments."
Peoplelink (www.peoplelink.com) offers commercial staffing solutions through its Peoplelink (www.peoplelinkstaffing.com) brand; provides quality sort and containment services in OEM and tier companies to automotive, defense, marine, aerospace and medical device industries through Sustained Quality (www.sustained-quality.com) and the 2AM Group (www.2amgroup.com); provides skilled trades professionals to the commercial construction market through Trade Management (www.trade-mgmt.com) and MEP (www.MEPstaffing.com); contingent and direct hire IT professionals through Visiont (www.visiontechconsulting.com); delivers both contingent and direct hire Professional Engineering & Manufacturing, and Accounting & Finance services through its Zing Recruiting (www.zingrecruiting.com) brand; and lastly, offers skilled administrative support and other professionals through Elite Staffing (www.eliteperson.com).
About Generational Capital, LLC
Generational Capital, LLC is a Dallas, TX based merger & acquisition advisory firm. Generational Capital wholly owns Generational Capital Markets, Inc., Member FINRA/SIPC. More information can be found at www.gencm.com. Generational Capital and Generational Capital Markets are affiliated with Generational Equity, LLC. Generational Equity's website is www.genequityco.com and its online newsroom can be found at www.gecpress.com.
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