Bowstring advises WinterWyman on its acquisition by The Planet Group
December 18, 2019 | Atlanta, GA
Bowstring Advisors (“Bowstring”), a division of Citizens Capital Markets, served as the exclusive financial advisor to the combined enterprise of Winter, Wyman & Company, Inc.; Winter, Wyman Financial Contracting, Inc.; Winter, Wyman HR Contract Solutions, Inc.; and Winter, Wyman Technology Contracting, Inc. (collectively “WinterWyman” or the “Company”), a leading professional staffing provider, on its acquisition by The Planet Group (“Planet”), a portfolio company of MidOcean Partners and leading provider of outsourced human capital and consulting solutions.
Founded in 1972 by the Melville Family, WinterWyman is one of the Northeast’s most recognized talent acquisition brands providing contract staffing, temp-to-perm and contingency search services across Technology, Finance & Administrative and Human Resources disciplines. Over the years, WinterWyman has cemented itself as a premier staffing brand known for its excellent reputation for client and candidate satisfaction, facilitated by a highly tenured team recruiting best-in-class talent.
“Maintaining WinterWyman’s legacy and the continued growth opportunity for the team was of critical importance for our family in identifying the right partner for the organization. We firmly believe we have found that in The Planet Group,” said Dave Melville, Board member and Advisor to WinterWyman. “The Bowstring team was spectacular. They worked hard, both creatively and efficiently, to bring about this successful outcome. From my perspective, the most important aspect of the partnership was the trust they created with our team. I am very happy they were on our side.”
Steve Dyott, Director with Bowstring, added, “The Melville Family has built an impressive company providing exceptional talent for 40+ years. WinterWyman’s management team and shareholders sought to identify a partner to support the Company’s growth aspirations while preserving WinterWyman’s customer-centric culture. The Planet Group’s proven track record and entrepreneurial approach are a perfect fit for WinterWyman, and we look forward to the combined enterprise’s growth and success.”
The Bowstring team was spectacular. They worked hard, both creatively and efficiently, to bring about this successful outcome. From my perspective, the most important aspect of the partnership was the trust they created with our team.
Board member and Advisor