Bowstring Advises Lannick Group in its acquisition by Vaco
August 17, 2017 | Atlanta, GA
Bowstring Advisors (“Bowstring”) served as the exclusive financial advisor to Lannick Group (“Lannick” or “the Company”), a Toronto-based premier professional recruitment and consulting firm, in its acquisition by Vaco, a Nashville-based leading talent acquisition and consulting firm.
Founded in 1985, Lannick has grown to be Canada’s largest regional Finance and Accounting recruitment and staffing firm. The Company places highly skilled finance and accounting (“F&A”) and information technology (“IT”) professionals in temporary and permanent positions.
Peter Jeewan, CEO of Lannick, stated, “We are thrilled to partner with Vaco in our next phase of growth. The Vaco team brings a wealth of experience in staffing and shares our core values of innovation, collaboration, transparency and enthusiasm. I am truly excited by this partnership, complete alignment of culture and philosophy. Our clients will receive the same outstanding boutique-firm treatment while having access to a larger network of talent.”
Jeewan added, “We are thankful to the Bowstring team, as they helped us find the right firm to partner with. Their knowledge of our industry and end-market along with their prioritization of our objectives gave us great confidence that we found the perfect partner.”
“It was a pleasure working with such a dynamic management team. We are pleased that they have partnered with Vaco and look forward to following their continued growth,” said Alan Bugler, Managing Director at Bowstring Advisors.
We are thankful to the Bowstring team, as they helped us find the right firm to partner with. Their knowledge of our industry and end-market along with their prioritization of our objectives gave us great confidence that we found the perfect partner.