TalentBurst, Inc. (“TalentBurst”) is a leading provider of Global Talent Cloud solutions including IT Staff augmentation, Life Sciences Staff augmentation, High Hazard Payroll, and 1099/IC Validation and Compliance Solutions to more than 80 Fortune 1000 corporations in USA and Canada. TalentBurst has branch locations in Boston, San Francisco, Miami, Milwaukee and international offices in Toronto, Canada, and Gurgaon, India. Through the Payroll division TalentBurst provides Employer of Record (EOR), high hazard and 1099 payroll compliance solutions, currently supporting customers in US, Canada, UK, India, Chile and Singapore.
The TalentBurst management team was looking to acquire a company to further enhance and strengthen their Discount Retail Services Solutions practice.
G2 served as the exclusive buy-side advisor to TalentBurst, Inc. on the transaction. “G2 was a great partner, they worked to quickly understand what was important to each of the stakeholders involved so the right deal structure could be put in place,” said TalentBurst CEO Brad Talwar.
The transaction was successfully executed as TalentBurst acquired IBA Software Technologies, Inc. (“IBA”). IBA’s best-in-class technical staff augmentation, consulting, and systems integration services for its clients in the discount retail space will enhance TalentBurst’s unmatched collection of services & solutions.
“We are excited with the successful outcome of the transaction for the entire TalentBurst and IBA team,” said Matt Konkle, Managing Director and Practice Leader of the Technology and Business Services Group at G2 Capital Advisors.“IBA provides TalentBurst with an immediate growth opportunity in their Discount Retail Services Solutions practice as well as a platform for additional acquisitions.”
CONTACTS ON THIS DEAL:
Jeffrey Unger, Chairman & CEO: T: 617.918.7929 E: firstname.lastname@example.org
Matthew Konkle, Managing Director, Technology & Business Services: T: 317.371.6608 E: email@example.com
Christopher Koenig, Vice President: T: 617.918.7933 E: firstname.lastname@example.org