StageAcquired | Acquired
WinterWyman recruits permanent, contract, and contract-to-hire professionals in accounting, financial services, human resources, and IT fields. On November 18, 2019 WinterWyman was acquired by The Planet Group, the terms of the agreement were not disclosed.
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Latest WinterWyman News
Nov 20, 2019
November 18, 2019 CHICAGO, IL – November 18, 2019 – The Planet Group (“Planet”), a portfolio company of MidOcean Partners and leading provider of outsourced human capital and consulting solutions, announced today that it has entered into an agreement to acquire WinterWyman, a leading staffing provider specializing in Technology, Finance & Admin and Human Resources. Michael Stomberg, CEO of Planet, said that this acquisition aligns with Planet’s strategic initiative to provide a full suite of consulting and strategic resourcing solutions to our global client base. Established in 1972, WinterWyman is a premier provider of contract staffing services and is among the best-known talent acquisition firms in the Northeastern U.S. Over the years, WinterWyman has developed an excellent reputation for client and candidate satisfaction fostered by a tenured team recruiting high-impact talent in several key functional areas. WinterWyman will continue to be led by current CEO Scott Ragusa, a staffing industry veteran and recognized leader who has been with the company since 1999. Ragusa commented, “We’re proud of all we have accomplished at WinterWyman during our 47-year history and excited about our future with The Planet Group. We look forward to continued growth and success as part of this prestigious organization.” “This is a landmark deal for Planet as we continue to follow our expansion strategy,” said Stomberg. “WinterWyman’s current service offerings complement Planet’s existing workforce solutions and the addition provides significant cross-selling opportunities.” The combination of these two businesses further strengthens Planet’s rapidly growing position in the industry as a provider of choice offering a comprehensive suite of professional staffing and consulting services. MidOcean Partners, a premier middle market private equity firm, made a significant investment in Planet in January 2018 to escalate the company’s strategic initiatives and drive continued growth. Planet will look to continue accelerating its expansion through future M&A activity. Bowstring Advisors, a division of Citizens Capital Markets, acted as the exclusive financial advisor to WinterWyman. * * * * About The Planet Group The Planet Group is a diversified professional services organization focused on providing high-value outsourced human capital solutions and niche consulting services to Fortune 500 and other leading clients in the fastest growing and most in-demand sectors. The Planet Group consists of six related entities and has been purposefully built to address the professional services needs of leading companies in the life sciences, diversified energy & engineering, healthcare and digital marketing industries. The Company was founded in 2009 and is headquartered in Chicago, Illinois. About MidOcean Partners MidOcean Partners is a premier New York-based alternative asset manager that specializes in middle market private equity and alternative credit investments. Since its inception in 2003, MidOcean Private Equity has managed approximately $4.8 billion of committed capital and has targeted investments in high-quality middle market companies in the consumer and business services sectors. MidOcean Credit Partners was launched in 2009 and manages approximately $8 billion across a series of alternative credit strategies, collateralized loan obligations (CLOs), and customized separately managed accounts as of September 30, 2019. MidOcean Media Relations Contacts
WinterWyman Frequently Asked Questions (FAQ)
When was WinterWyman founded?
WinterWyman was founded in 1972.
Where is WinterWyman's headquarters?
WinterWyman's headquarters is located at 880 Winter Street Suite 200, Waltham.
What is WinterWyman's latest funding round?
WinterWyman's latest funding round is Acquired.
Who are the investors of WinterWyman?
Investors of WinterWyman include The Planet Group.
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