Bowstring Advises Vaco in its Recapitalization with Quad-C Management
November 12, 2014 | Atlanta, GA
Bowstring Advisors (“Bowstring”) served as the exclusive financial advisor to Vaco Holdings, LLC (“Vaco” or the “company”), in its recent recapitalization with Quad-C Management (“Quad-C”). Quad-C’s investment will support Vaco’s growth and commitment to its best-in-class consulting and placement services for middle-market and Fortune 500 companies.
With over $200 million in revenue, Vaco has been recognized as a high-growth, innovative company in the professional staffing sector for the past 12 years. The Company’s entrepreneurial nature has driven its ability to serve clients in a unique and effective manner.
Jerry Bostelman, Founder and CEO of Vaco, said, “Quad-C Management was the unanimous choice as financial sponsor for the next stage of Vaco’s growth. Together we will better serve clients, candidates, consultants and internals by expanding our geographic footprint, considering additional service lines and further investing in the players that make up the ‘Vaco Nation’. I can’t thank the Bowstring team enough for their counsel, dedication and assistance in finding the right partner for us.”
Jim Childs, Founder of Bowstring Advisors, said, “Vaco is one of the premier professional staffing platforms in the U.S.A., and it was a privilege to work with them. They found a great partner with Quad-C to help take their business to the next level.”
Vaco’s recapitalization by Quad-C was effective October 3, 2014. Terms of the transaction were not disclosed. This was the 19th transaction closed in 2014 for Bowstring.
Quad-C Management was the unanimous choice as financial sponsor for the next stage of Vaco’s growth. I can’t thank the Bowstring team enough for their counsel, dedication and assistance in finding the right partner for us.
Founder and CEO