Consulting Solutions International, which is backed by White Wolf Capital, has acquired Jacksonville, Florida-based Meridian, an IT staffing and consulting company. No financial terms were disclosed.
TALLAHASSEE, FLA. (PRWEB) JUNE 28, 2018
Consulting Solutions International (“CSI”), a portfolio company of White Wolf Capital (“White Wolf”), is pleased to announce the acquisition of Meridian Staffing Services and Meridian Technologies (collectively “Meridian”). Details of the transaction were not disclosed.
Corry Doyle, Managing Director of White Wolf, noted “We are delighted to continue our expansion of the CSI platform by partnering with Chris and Monteen Pillay, founders of Meridian, whose hard work and dedication built Meridian into a successful IT staffing and consulting company with impressive recruiting capabilities and the unique ability to effectively serve the growing MSP marketplace. We are excited about the growth opportunities available to us through the highly complementary customer relationships, synergistic operational capabilities, and committed team members throughout the organization. We look forward to executing additional near-term acquisition opportunities as we further enhance the capabilities of our IT consulting and staffing platform.”
Joe Bendix, CEO of CSI, commented, “We are excited about Chris joining the CSI team as President of the Meridian division and as a member of the company’s board of directors and the entire CSI organization looks forward to working with him and his very seasoned team of managers. The addition of Meridian and its scalable state of the art recruiting center will allow CSI to build on its history of premier ERP staffing and project delivery by enhancing our capability to provide a complete range of competitively priced high-volume IT resources and services to our Fortune 1000 and MSP clients. We look forward to meeting all of Meridian’s clients, consultants, and suppliers over the next few weeks and continuing to partner with them under Chris’s leadership.”
Chris Pillay, President of Meridian, stated, “We are excited about merging our company with CSI, combining our teams to expand our service offerings and identifying opportunities that will bring additional value to our clients and our people.”
Meridian is a provider of IT staffing, consulting, contingent labor, and permanent placement staffing services for the Commercial and Federal sectors (including security cleared personnel) through a combination of direct sales relationships and vendor neutral MSP programs. Meridian is headquartered in Jacksonville, FL with additional offices in Charlotte, NC, Washington, DC, and metropolitan NJ/NY. For further information, please visit: http://www.meridiantechnologies.net.
CSI is an information technology, consulting and recruiting company that is primarily focused on providing permanent and contract IT resources to augment a client’s existing staff while implementing or upgrading complex systems. CSI has been providing experienced IT resources that enable their clients to complete their complex projects on time and on budget for over eighteen years. CSI is headquartered in Tallahassee, FL. For further information, please visit: http://www.csifl.com.
About White Wolf
White Wolf is a private investment firm that began operations in late 2011 and is focused on management buyouts, recapitalizations and investments in leading middle market companies. In general, White Wolf seeks both mezzanine and private equity investment opportunities in companies that are headquartered in North America with $10 million to $100 million in revenues and up to $10 million in EBITDA. Preferred industries include: manufacturing, business services, information technology, security, aerospace and defense. For further information, please visit: http://www.whitewolfcapital.com.