Will enhance System One’s expertise in providing engineering staffing services and solutions to commercial and government clients. Continues System One’s track record of growth via strategic acquisitions.
New York – MidOcean Partners (“MidOcean”), a premier middle market private equity firm, is pleased to announce that on July 13, 2015 System One acquired AECOM’s Quality Programs Business, a leading provider of quality staffing services to major commercial and government entites. Quality Programs will be integrated into System One’s Quality Solutions practice to provide a full spectrum of workforce solutions and quality engineering, product assurance, asset integrity, inspection, and testing services. Quality Programs enhances System One’s own 35-year legacy as an integrated quality solutions provider.
The combination of these entities establishes a proven, all-inclusive suite of quality solutions for government and industry, offered from a single source. The combined national entity will offer System One clients significant value and expertise on ensuring compliance with regulated industry quality guidelines. Quality Programs Director will be led by Jeff Sengenberger who will assume the role of Vice President, Quality Solutions at System One.
With this acquisition, System One will operate out of 50 U.S. offices, employ roughly 6,300 consultants, and generate annual revenues over $550 million. In 2015, System One was ranked as the 4th Largest Engineering staffing and 23rd largest staffing in the U.S by Staffing Industry Analyst.
MidOcean Partners Announces System One acquires AECOM's Quality Programs Business, a leading provider of quality staffing and solutions
About MidOcean
MidOcean Partners is a premier New York-based alternative asset manager specializing in middle-market private equity, structured capital, and alternative credit investments. Since its inception in 2003, MidOcean Private Equity has targeted investments in high-quality middle-market companies in the consumer and business services sectors. MidOcean Credit Partners was launched in 2009 and currently manages a series of alternative credit strategies, collateralized loan obligations (CLOs), and customized separately managed accounts. For more information, please visit: https://www.midoceanpartners.com/
Elias Dokas
Managing Director, Business Services