Acquisition will grow ettain group market presence and offerings in Dallas
CHARLOTTE, N.C. – November 2, 2015 – ettain group, a leading talent solutions company specializing in recruitment and managed services in IT, healthcare IT and creative, announced today it has acquired Timberhorn IT Solutions, a well-known IT staffing company in the Dallas-Fort Worth Metroplex. It’s the latest strategic move from rapidly growing Charlotte, N.C.-headquartered ettain group.
The acquisition of Timberhorn will enable ettain group to grow its presence in the Dallas-Fort Worth Metroplex and enhance strategic support of several national customers, while also taking advantage of the region’s strong business climate. In addition, Timberhorn’s talented team, depth of solutions and high-integrity culture are a strong complement to ettain group’s vision to deliver an unparalleled level of quality and service.
“We’re extremely excited to join forces with such a high-quality, well-respected organization as Timberhorn,” said Jeff Harris, chief executive officer of ettain group. “Not only do they bring deep IT staffing knowledge and a wide variety of clients in different industries, but their culture and leadership match exceedingly well with ours. Together, we look forward to continuing to grow our offerings, foster a powerful, results-driven culture and drive our clients’ businesses forward.”
The past year has marked significant expansion for ettain group, after receiving a strategic growth investment from New MainStream Capital (NMS) in February 2014. NMS recognized the market potential for ettain group as information technology and healthcare IT hiring needs accelerate and the need for talent management in this space grows.
The addition of Timberhorn’s business portfolio, strong client relationships, and sustainable operations will fuel the organization forward into a new era of opportunity, and result in a combined organization of more than 1,300 employees and consultants.
“We’re proud of the growth we’ve achieved and the tremendous opportunity this acquisition presents for our highly dedicated staff,” said Rex Kurzius, chief executive officer of Timberhorn. “Together, our two organizations will provide exceptional personal and professional development for our employees, offer more services and resources for our clients, and maintain a mutual focus on future success for all of our stakeholders.”
Timberhorn employees will remain on staff and continue to serve customers at their current office location, with plans for Timberhorn and ettain group local employees to share offices in early 2016.
About ettain group
ettain group is a leading talent solutions company specializing in recruitment and managed services in IT, healthcare IT, and creative. Headquartered in Charlotte, ettain group creates opportunities for others, delivers flexible talent solutions and provides an unparalleled experience to its clients, contractors, employees and community.
For more information, visit www.ettaingroup.com.
About Timberhorn IT Solutions
Timberhorn IT Solutions offers permanent and temporary staffing solutions with a focus on IT talent. Its expertise spans the areas of Application Development, Business Intelligence/Data Warehouse, Enterprise Resource Planning (ERP) Solutions and Mobile Solutions. Timberhorn was recently named one of the Best Places to Work in Dallas by the Dallas Business Journal and is ranked 27th on the Dallas 100 Fastest-Growing Private Companies in North Texas list.
About New MainStream Capital
New MainStream Capital is a private investment firm specializing in strategic equity investments and leveraged buyouts of lower middle market companies. NMS focuses on companies headquartered in the U.S. poised to benefit from sustainable growth trends. NMS has invested across a broad spectrum of industries, with particular concentration on service oriented businesses in the following three sectors: Healthcare Services, Business Services, and Consumer Products and Services.
For additional information on NMS, visit nms-capital.com.
Contact
Michelle Krier
Vice President, Marketing
mkrier@ettaingroup.com
414-617-3103