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."