Deal Details
Diversant Completes Debt Financing For Atrilogy Acqisition
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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- 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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