Citizens M&A Advisory advises EdgeRock Technology Partners on its acquisition by BG Staffing
March 4, 2020 | Atlanta, GA
Citizens M&A Advisory served as the exclusive financial advisor to EdgeRock Technology Partners, a premier provider of specialized IT consultants, on its acquisition by BG Staffing, Inc. (NYSE: BGSF), a national provider of workforce solutions.
Founded in 2005, EdgeRock is a leading provider of highly skilled IT consultants and managed IT services. EdgeRock focuses on the sourcing and placement of technology professionals who specialize in leading software and data ecosystems, including Enterprise Resource Planning, Cloud, Business Intelligence and Customer Relationship Management. EdgeRock operates in 40 states and is supported by regional offices in Boston, Phoenix and Tampa.
Matt Murray, co-founder of EdgeRock said: “We were extremely pleased with the Citizens team as their intimate knowledge of the industry helped us find an exciting partner to support our continued growth. Their dedication, creativity and straightforward advice exceeded all expectations during our journey to find the right partner.”
Alan Bugler, managing director with Citizens, added: “Matt, co-founder Tim Gibbons and their team have built a great business and we wish them continued success. We are confident that the acquisition of EdgeRock by BGSF will drive exceptional results. Both organizations are passionate about their work and that makes this an exciting business partnership.”
Citizens M&A Advisory specializes in middle-market mergers and acquisitions as well as later-stage financing transactions. Citizens combines sector intelligence with a client-focused approach to realize our clients’ true value. The Citizens team has closed more than 130 transactions in the last five years and has more than 80 M&A professionals specializing in a range of industries across the United States. Citizens M&A Advisory is part of Citizens Capital Markets, Inc., a subsidiary of Citizens Financial Group (NYSE: CFG).
We were extremely pleased with the Citizens team as their intimate knowledge of the industry helped us find an exciting partner to support our continued growth. Their dedication, creativity and straightforward advice exceeded all expectations during our journey to find the right partner.