Acacia Partners has exited its investment in Questco Companies. Financial terms weren’t announced. Houston-based Questco is a professional employer organization that provides outsourced human resource solutions. Metronome Partners served as Questco’s financial advisor on the transaction.
May 16, 2016 – Acacia Partners is proud to announce the successful exit of its investment in Questco Companies (“Questco”), a Houston, TX based professional employer organization (“PEO”) that provides outsourced human resource solutions.
During Acacia’s ownership, Questco experienced rapid growth and has built the infrastructure and management team to capitalize on the positive trends in the growing PEO industry. Acacia wishes Questco’s management, employees and new owners the best for continued success.
Acacia’s equity partners in the investment included multiple long-term oriented partners, including ORIX Mezzanine & Private Equity and several family offices. Metronome Partners served as Questco’s financial advisor on the transaction.
Acacia recently completed its fourth platform investment. Acacia’s goal is to be the preferred partner to family-owned businesses and management teams by offering a differentiated approach to traditional private equity.
Acacia invests in lower-middle market companies with EBITDA of $5-15MM. Acacia has a high degree of flexibility regarding investment structure and time horizon.
Acacia offers a compelling proposition to family owned/operated businesses seeking capital, including:
• Patient, long-term capital.
• Appreciation for the unique characteristics that give family businesses a competitive advantage and a strong desire to maintain that culture post-investment.
• Small appetite for leverage, with a focus on generating returns through growth and operational excellence rather than financial engineering.
• Access to a vast network of family office contacts to drive strategic introductions, growth and operational excellence.