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The Execu|Search Group Announces Add-On Acquisition of TechLink

September 11, 2019

BOSTON--(BUSINESS WIRE)--Sep 11, 2019--

New Heritage Capital (“Heritage”) announced that its portfolio company, The Execu|Search Group, has acquired TechLink (the “Company”), a New Jersey-based provider of temporary technology staffing solutions. The acquisition of TechLink adds significant scale to its fast-growing technology line of business and further strengthens The Execu|Search Group’s leadership position in the hard-to-penetrate tri-state area.

TechLink is a leading provider of high skill, temporary technology staffing solutions in the New York tri-state area with the capabilities to serve clients nationwide. The Company has built a strong reputation in the marketplace since its founding in 1997 through a relentless focus on serving its clients and candidates.

“TechLink brings tremendous value to our platform,” said Edward Fleischman, CEO of The Execu|Search Group. “They have strong internal talent, an impressive roster of clients, and a great reputation in the marketplace.”

“Partnering with The Execu|Search Group is a great opportunity for our people and our customers,” said Thomas Potenza, CEO of TechLink. “The Execu|Search Group has a culture and mindset that aligns well with ours and I am excited to see what we can do together.”

Jud Samuels, Partner at Heritage, added, “TechLink is highly strategic for us – accelerating The Execu|Search Group on its growth trajectory and helping it to further penetrate specialized markets. The combined business has a bright future ahead.”

About New Heritage Capital
Heritage is a Boston-based private equity firm with a twenty-year history of partnering with growing, middle market, founder-owned businesses. With its innovative investment structures like the Private IPO®, Heritage provides founders with a combination of liquidity and growth capital while allowing founders to maintain control of their business. With decades of experience at managing growth, Heritage gives its partners the strategic, operational and financial guidance to help its companies reach their growth objectives. For more information, please visit: www.newheritagecapital.com.

About The Execu|Search Group
Founded in 1985 and headquartered in New York, New York, The Execu|Search Group is a leading full-service recruitment firm that provides specialized staffing, permanent placement, and workforce solutions to a diverse client base in the tri-state area, New England, Florida, and Illinois. The Execu|Search Group has extensive capabilities placing roles across a broad range of professional services including accounting & finance, clinical healthcare, technology, HR, and pharmaceuticals. For more information visit: www.execu-search.com.

About TechLink
Founded in 1997 and headquartered in Upper Saddle River, New Jersey, TechLink is a leading provider of technology temporary staffing solutions to a broad range of clients with the capabilities to service customers across the U.S. TechLink specializes in high-end, technical skill sets and offers the full range of technology placement needs, from staff augmentation to end-to-end project management. For more information visit: www.techlink.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20190911005067/en/

CONTACT: Charlie Gifford

New Heritage Capital, LLC

617-439-0688

cgifford@newheritagecapital.com

KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS

INDUSTRY KEYWORD: OTHER PROFESSIONAL SERVICES SOFTWARE FINANCE TECHNOLOGY PROFESSIONAL SERVICES OTHER TECHNOLOGY

SOURCE: New Heritage Capital

Copyright Business Wire 2019.

PUB: 09/11/2019 06:00 AM/DISC: 09/11/2019 06:00 AM

http://www.businesswire.com/news/home/20190911005067/en

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