Caymus Equity Partners (Caymus Equity) has acquired IT staffing platform Seneca Resources (Seneca), its third staffing sector investment and the second investment from Caymus Equity Partners Fund II.
Founded in 2010, and led by Rob Persiano, the Seneca Resources services a nationwide customer base and focuses on the delivery of difficult top-tier technology talent capable of addressing complex IT and engineering workforce needs. Seneca’s deep bench of high-end IT consultants has resulted in tenured relationships with numerous notable clients spanning industries including Government, Healthcare, and Financial Services.
Caymus Equity’s investment provides Seneca with the capital support necessary to continue expansion with existing clients, penetrate new industry verticals and geographies, and pursue strategic acquisitions.
Caymus Equity’s staffing experience includes a prior investment in Hospitality Staffing Solutions, the nation’s largest provider of full-time staffing services to hotels, resorts and casinos, and a current investment in PlanIT Group, a technology consulting firm providing IT consulting and staffing services to a global client base.
The investment in Seneca on September 21, 2022 marks Caymus Equity’s fourteenth platform investment, and second investment out of Caymus Equity Partners Fund II.
