Diversant Completes Debt Financing For Atrilogy Acqisition

Technology & Services

Diversant debt financing for acquisition of Atrilogy


Summary

Diversant, LLC (“Diversant” or the “Company”) recently completed a secured debt financing (the “Financing”) to support its acquisition of Atrilogy Solutions Group, Inc. (“Atrilogy”). The Financing consisted of a senior secured term loan, delayed draw term loan and revolving credit facility.

Baird served as the exclusive debt advisor to Diversant, LLC on this transaction.

About

Founded in 2005, Diversant is a leading provider of IT staffing and recruiting solutions with 13 branches covering 46 states. The Company has a dedicated team of ~ 60 account managers and ~75 experienced recruiters serving 100 active blue-chip clients across various verticals. Diversant is headquartered in Red Bank, New Jersey.

Founded in 1998, Atrilogy is a provider of IT staffing solutions. It operates across five branches with coverage in Arizona, California, Colorado, Georgia, New Jersey, New York, Oregon and Washington. Atrilogy is headquartered in Mission Viejo, California.
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Technology & Services

Diversant debt financing for acquisition of Atrilogy

Date
March 2021
Company
Diversant, LLC
Transaction
Private Capital Markets
Sectors
Technology & Services
Verticals
Business Process Outsourcing
Human Capital Management
Target Geography
North America
Acquiror Geography
North America

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