Highlands Ventures has acquired Sonoma Consulting Inc, an IT consulting and executive search company, and will merge it with portfolio company Halo Group LLC. No financial terms were disclosed. Also, Mark McGee, president and CEO of Sonoma Consulting, has been appointed president of Halo Group and a member of its board.
CHICAGO, Dec. 22, 2016 /PRNewswire/ — Chicago-based private equity firm Highlands Ventures has increased its portfolio with the acquisition of Sonoma Consulting, Inc. Sonoma Consulting, founded in 2011, specializes in IT Consulting and Executive Search and will be merged with current portfolio company, Halo Group, LLC.
With offices in Chicago and India serving over 100 national and international companies, Sonoma Consulting will increase the global presence of Halo Group, enabling the company to accelerate growth and more efficiently serve its global customers.
“We identified Sonoma as a strategic fit for Halo Group given the scale, diversity, and quality of its customer base,” said Brent Rasmussen, Managing Partner of Highlands Ventures and CEO of Halo Group. “This acquisition elevates Halo Group into a global competitor with a strong international portfolio of consultants and customers. We are excited about this next stage in the company’s growth.”
Mark McGee, President and CEO of Sonoma Consulting, added, “this deal builds upon the vision we had for Sonoma from the start, and we look forward to working together to make Halo Group one of the fastest growing international IT consulting firms.”
Under the terms of the agreement, Mr. McGee will serve as President of Halo Group. He will also serve as a board member of Highlands Ventures.
About Sonoma Consulting, Inc.
Sonoma Consulting is a Global IT Consulting and Executive Search company, founded by Mark McGee in 2011. Sonoma Consulting has four offices and two business divisions specializing in IT Recruitment and Executive Search that serve its 150 national clients ranging from entrepreneurial start-ups to Global Fortune 500.
About Halo Group
Since 2004, Halo Group has filled a unique space between mass IT staffing firms and large consulting firms. Halo Group specializes in providing UX/UI, data and analytics, and cloud consultants as well as experts in all areas of security, project governance and multi-platform application development. A Highlands Ventures company with offices in Detroit, Atlanta and Dallas, Halo Group has seen swift growth as demand for high level IT talent continues to increase.
About Highlands Ventures
Highlands Ventures is a Chicago-based private equity firm specializing in the high-end IT talent market. Highlands Ventures portfolio includes small to mid-sized, profitable companies in the IT talent space with similar core values that embrace passion, energy, commitment, expertise and integrity.