LITTLETON, Colo.--(BUSINESS WIRE)--Global Employment Solutions, Inc., a leading, middle-market provider of specialty staffing solutions, announced that it has received an investment from TZP Capital Partners II, L.P. (“TZP”), a private equity fund focused on investments in middle-market business and consumer services companies.
Founded in 1998, Global Employment Solutions offers contract and permanent placement staffing services under two strong brands: Fahrenheit IT, which provides customized IT staffing solutions, and Global Employment Solutions, which provides temporary and permanent staffing services across multiple professional segments. Global Employment Solutions is deeply integrated in the communities it serves and combines significant local market intelligence with the support and resources of a nationwide company.
“Our Company’s growth, dedication to providing world-class service to our customers and commitment to our associates has never been stronger. With the benefit of TZP’s industry experience, relationships and resources, we expect to reach new heights,” said Howard Brill, Chairman, President and CEO of Global Employment Solutions. “In bringing in TZP as our new investor, we were highly impressed with the firm’s commitment to serving as a 'Partner of Choice' and maintaining a Code of Values that mirrors and supports in many ways our Mission, Vision and Values. We look forward to a great partnership with TZP.”
“Global Employment Solutions is a high-performing provider of staffing solutions. We are delighted to back a team of highly experienced and customer-focused professionals,” said TZP’s Partner, Vlad Gutin. “We believe the Company will be able to continue to expand its national presence, while maintaining its compelling value proposition for customers.”
About Global Employment Solutions, Inc.
Global Employment Solutions provides more than 500 clients with contract and permanent placement staffing services through its 16 offices across the U.S. Founded in 1998, the Littleton, Colorado-based company is dedicated to providing clients with quality, professionalized service to meet their staffing needs. For more information, please visit www.gesnetwork.com.
About TZP Group LLC
Founded in 2007, TZP Group is a private equity firm with assets under management of over $500 million focused on investments in North American-based business and consumer services companies. TZP targets companies with solid historical profitability and sustainable value propositions, and aims to be a "partner of choice" for business owners and management teams. TZP seeks to invest primarily in closely held, private companies where the owners desire to retain a significant stake and partner with an investor with complementary operating and financial skills to accelerate company growth, increase profitability and maximize the value of their retained stake. TZP leverages its investment professionals' operating and transaction experience to provide strategic and operational guidance, and is dedicated to long-term value creation. For more information, please visit www.tzpgroup.com.