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BCforward Founder's Vienna Parent Corporation to Acquire TSR, Inc. for $29 Million

PRIVATEMay 15, 2024

Acquiring Company

Vienna Parent Corporation

Acquired Company

TSR

North BrabantNorth BrabantInformation TechnologyInformation Services

Description

Vienna Parent Corporation, led by BCforward's founder Justin Christian, has announced the acquisition of TSR, Inc. for approximately $29 million. This move is expected to bring new and enhanced capabilities to both companies and represents an exciting step in the continued growth and expansion of BCforward.

Quick answer

Vienna Parent Corporation is acquiring TSR for $29 million, announced May 15, 2024. Vienna Parent Corporation is based in North Brabant, Netherlands.

How much did Vienna Parent Corporation pay for TSR?
The reported deal value is $29 million.
What does Vienna Parent Corporation do?
Vienna Parent Corporation, a special purpose entity formed by Justin Christian, the CEO and founder of BCforward, has entered into a definitive agreement to acquire TSR, Inc. Vienna Acquisition Corporation, an affiliate..
Where are Vienna Parent Corporation and TSR based?
Vienna Parent Corporation is based in North Brabant, Netherlands. TSR is based in North Brabant, Netherlands.

Source: Fundz verified event record.

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Company Information

Company

Vienna Parent Corporation

Location

North Brabant, Netherlands

About

Vienna Parent Corporation, a special purpose entity formed by Justin Christian, the CEO and founder of BCforward, has entered into a definitive agreement to acquire TSR, Inc. Vienna Acquisition Corporation, an affiliate and wholly-owned subsidiary of Vienna Parent, will commence a tender offer to purchase all of the outstanding shares of TSR for $13.40 per share, representing an equity value of approximately $29 million.

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Frequently asked

Who acquired TSR?

TSR was acquired by Vienna Parent Corporation, based in North Brabant. The deal was reported on May 15, 2024. Vienna Parent Corporation, a special purpose entity formed by Justin Christian, the CEO and founder of BCforward, has entered into a definitive agreement to acquire TSR, Inc. Vienna Parent Corporation is privately held.

When did Vienna Parent Corporation acquire TSR?

Vienna Parent Corporation's acquisition of TSR was reported on May 15, 2024. Vienna Parent Corporation, led by BCforward's founder Justin Christian, has announced the acquisition of TSR, Inc. for approximately $29 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does TSR do?

TSR, Inc. is a well-recognized national provider of information technology staffing solutions, founded in 1969. It focuses on recruiting information technology professionals for short- and long-term assignments, as well as permanent placement. It is privately held, operating in Information Technology, and is based in North Brabant.

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