An affiliate of HIG Capital (HIG) has completed the acquisition of Oxford Global Resources (Oxford), a provider of specialty staffing and consulting services in the United States and Europe, from ASGN Incorporated.
Headquartered in Beverly, Massachusetts, Oxford offers on-demand high-end consulting talent serving over 2,200 active clients across the United States and Europe. The Company offers a differentiated service to its clients, focused on providing hard-to-find, highly specialised technical talent in several niche practice areas, including life sciences, information technology, engineering and healthcare.
Rob McGuckin, President and Chief Executive Officer of Oxford, says: “We are thrilled to enter into this new chapter with HIG Capital. We have numerous opportunities for expansion and the partnership with HIG will enable us to accelerate growth through continued investment in our team, capabilities, and service offering. We remain committed to providing outstanding services to our customers, as well as outstanding opportunities for our consultants, and we look forward to working with HIG to support our next phase of growth.”
“We are very excited to partner with Rob McGuckin and the entire Oxford team,” says Matt Lozow, Managing Director at HIG “As companies are facing increasingly complex technical and regulatory requirements across life sciences, IT, and engineering, we believe Oxford is uniquely positioned to be the partner of choice to help clients address such challenges.”
Rob Jang, Managing Director at HIG, adds: “Oxford is a market leader offering a compelling value proposition to its clients across the United States and Europe. We believe there is significant opportunity ahead for Oxford and we look forward to working with the Oxford team to build upon their success and continue to enhance the Company’s leadership position in the market.”
Wells Fargo Securities, LLC acted as exclusive financial advisor and Ropes & Gray LLP acted as legal counsel to HIG William Blair and Truist Securities acted as financial advisors and Sullivan & Cromwell LLP served as legal counsel to ASGN.