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Tandym Group Announces Acquisition Of Metro Systems

Jul 06, 2022about 3 years ago

Acquiring Company

Tandym Group

Acquired Company

Metro Systems

New York

Description

Tandym Group ("Tandym"), a leading national recruitment, contract staffing, consulting, and workforce solutions company, has acquired Metro Systems, Inc. ("Metro Systems"), a Virginia-based technology staffing firm. Terms of the transaction were not disclosed. Tandym is backed by Mill Rock Capital, a growth and operations oriented private investment firm that invests in well-positioned industrial businesses in North America.

Company Information

Company

Tandym Group

Location

Mcconnor Parkway

New York, New York, United States

About

At Tandym Group, we believe that people are what move companies forward. That’s why we focus all our attention on the idea that you bring unique experience and talent to your profession and organization. Whether working with a valued client or a talented candidate, we’re committed to ensuring you reach your highest potential. Since our founding in 1985 as The Execu|Search Group, we’ve grown to over 300 employees in the U.S., offering direct hire recruitment, contract/ consulting, and contract-to-hire solutions for companies of all sizes. Our specialized teams in healthcare, technology, life sciences, and professional services bring decades of experience in their industry, ensuring you the highest quality of service and care. As the world of work is constantly evolving, so are we. We adapt to your needs through every change and challenge in the job market. We’re on this journey right beside you, guiding you through your search for the right match.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed