ManpowerGroup to Acquire ettain group

ettain group is thrilled to share that ManpowerGroup has signed a purchase agreement this week to acquire ettain group.

Founded in 1996 and headquartered in Charlotte, NC, ettain group has grown to employ nearly 5,000 professionals nationwide with twenty-eight offices located in twenty-four key markets, and a strategic focus on Technology, Digital, Healthcare IT, Professional, and Government solutions. Since 2019, ettain has been a portfolio company of Alvarez & Marsal Capital (“A&M Capital”).

Headquartered in Milwaukee, Wisconsin, ManpowerGroup is a leading global workforce solutions company with clients in more than 75 countries that has provided meaningful, sustainable employment for millions of people across a wide range of industries and skills for more than 70 years. Its Experis brand is a global leader in IT professional resourcing and managed services, empowering organizations across the full lifecycle of technology adoption, providing flexible solutions that adapt as technologies and skills evolve. ManpowerGroup is recognized consistently for its diversity – as a best place to work for Women, Inclusion, Equality, and Disability, and in 2021 ManpowerGroup was named one of the World’s Most Ethical Companies for the twelfth year.

Trent Beekman, ettain group CEO, said, “This acquisition creates compelling opportunities for employees and offers superior value for clients. This is a great opportunity for us to leverage our demonstrated expertise and strong reputation with Experis and ManpowerGroup’s global leadership in workforce solutions. The combination of these two great organizations is exciting for our employees and provides many more opportunities to provide value to our clients.”

The transaction is subject to regulatory approvals and customary closing conditions and is expected to close as early as late September 2021.

About ettain group
ettain group is the Talent Solutions Company that delivers Recruitment Solutions and Managed Solutions in 5 practice areas: Technology, Healthcare IT, Digital, Professional, and Government. From discovery to execution, we help our clients successfully design, develop, and deliver critical technology and business initiatives, from providing individual resources, to staffing and managing programs and projects, to running entire recruitment processes. Founded in 1996, with nearly 5,000 employees and consultants currently at work, we offer opportunities across North America, with 28 offices located in 24 key markets. We are a proud recipient of ClearlyRated’s Best of Staffing Diamond Award for both Client and Talent Satisfaction for 10 consecutive years, an honor achieved by less than 1% of our industry. For more information, visit www.ettaingroup.com.

About Alvarez & Marsal Capital
Alvarez & Marsal Capital is a multi-strategy private equity investment firm with over $3 billion in assets under management across four funds and three investment strategies. The firm is led by a highly experienced investment team, which is augmented by a strategic association with Alvarez & Marsal (“A&M”), one of the largest operationally-focused advisory firms in the world. A&M Capital combines a focus on middle-market private equity investing, with deep operational expertise, industry knowledge and global corporate relationships, making A&M Capital an attractive partner to management teams and business owners. A&M Capital is headquartered in Greenwich, CT with offices in Manhattan Beach, CA and London, England. For more information, visit www.a-mcapital.com.

About ManpowerGroup
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis and Talent Solutions – creates substantially more value for candidates and clients across more than 75 countries and territories and has done so for over 70 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality and Disability and in 2021 ManpowerGroup was named one of the World’s Most Ethical Companies for the 12th year – all confirming our position as the brand of choice for in-demand talent.

   

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