Arclight

a portfolio company of

Image

has been acquired by

Image

ABOUT THE COMPANY:

ArcLight Consulting, LLC (“ArcLight”), founded by Pritam Dutta, Jeff Eaton, and Harch Mirchandani, is a market-leading provider of a complete suite of Oracle human capital management (HCM) cloud implementation and consulting services. The Company guides clients through every phase of an implementation project, including strategy, deployment, management, adoption, and optimization. ArcLight is headquartered in Burlington, Massachusetts.

SITUATION:

The ArcLight team was seeking to further its position as a leader in the technology consulting sector by building upon ArcLight’s extensive expertise across the full suite of Oracle Cloud products and software and the Company’s specialization in HCM integrations, change management, and ERP support. The Company was targeting a partner that would support the successful execution of ArcLight’s growth strategy by expanding its national service footprint with a high-growth, differentiated, and specialized firm with a focus on prioritizing customer and employee satisfaction.

ENGAGEMENT:

G2 Capital Advisors, LLC (“G2”) was engaged by ArcLight as the exclusive financial advisor leading a sell-side effort focused on identifying and transacting with an optimal partner to support the Company’s long-term growth strategy.

OUTCOME:

The transaction was successfully executed on June 30, 2021 through a sale of ArcLight to Addison Group. ArcLight will continue to operate their brand under Addison similar to Bridgepoint Consulting, which G2 sold to Addison in 2017, providing opportunities for growth both for the business and employees.

DEAL TEAM:

SUB-SECTOR

Business Services

MORE LIKE THIS

Exclusive Sell-Side Advisor

Arbre Group Holding

has sold Arbre Farms Corporation and Willow Cold Storage Corporation to Oregon Potato Company

Exclusive Sell-Side Advisor

Image

a portfolio company of Wicks has been acquired by Demand & Suppli LLC.

Exclusive Sell-Side Advisor

Image

a portfolio company of Odyssey Investment Partners has been acquired by Addison Group

Exclusive Sell-Side Advisor

Image

has been acquired by Champlain Capital

Exclusive Sell-Side Advisor

Image

a portfolio company of HCI Equity Partners has been recapitalized by Stellex Capital Management  

Exclusive Sell-Side Advisor

Image

a portfolio company of Granite Bridge Partners has acquired Sigma Imaging Technologies  

Exclusive Sell-Side Advisor

Image

has been acquired by Undisclosed Buyer

Exclusive Sell-Side Advisor

Image

has been acquired by Industry Drive a portfolio company of Falfurrias Capital  

Exclusive Sell-Side Advisor

Image

Asset-based temperature controlled transportation division of Roadrunner Transportation Systems has been sold to Laurel Oak Capital Partners

Exclusive Sell-Side Advisor

Image

has been recapitalized by HCI Equity Partners

Connect With Us.

Image
Homepage Contact
Services of Interest