H.I.G. Capital, a global alternative investment firm with $45 billion of equity capital under management, has, through an affiliate has completed the acquisition of Oxford Global Resources LLC, a provider of specialty staffing and consulting services in the United States and Europe, from ASGN Incorporated.
Rob McGuckin, president and chief executive officer of Oxford commented, “We are thrilled to enter into this new chapter with H.I.G. Capital. We have numerous opportunities for expansion and the partnership with H.I.G. will enable us to accelerate growth through continued investment in our team, capabilities, and service offering. We remain committed to providing outstanding services to our customers, as well as outstanding opportunities for our consultants, and we look forward to working with H.I.G. to support our next phase of growth.”
“We are very excited to partner with Rob McGuckin and the entire Oxford team,” said Matt Lozow, managing director at H.I.G. “As companies are facing increasingly complex technical and regulatory requirements across life sciences, IT, and engineering, we believe Oxford is uniquely positioned to be the partner of choice to help clients address such challenges.” Rob Jang, Managing Director at H.I.G. added, “Oxford is a market leader offering a compelling value proposition to its clients across the United States and Europe. We believe there is significant opportunity ahead for Oxford and we look forward to working with the Oxford team to build upon their success and continue to enhance the Company’s leadership position in the market.”
Wells Fargo Securities LLC acted as exclusive financial advisor and Ropes & Gray LLP acted as legal counsel to H.I.G. William Blair and Truist Securities acted as financial advisors and Sullivan & Cromwell LLP served as legal counsel to ASGN.