Contact Information: Press Contact: For AP Capital Partners Richard Powell 407.472.1892
AP Capital Partners Portfolio Company Completes 3 Tuck-In Acquisitions
ZeroChaos Approaches $1 Billion in Sales With Operations in 14 Countries
| Source: AP Capital Partners
ORLANDO, FL--(Marketwire - February 16, 2010) - AP Capital Partners (APCP), a private equity
firm that takes long-term assignments in exceptional enterprises, today
announced that ZeroChaos, one of its portfolio companies, has completed
three strategic acquisitions in the past 4 months. Financial deal terms
were not disclosed.
APCP reports that the three transactions combined expand the company's core
business, while offering ZeroChaos clear opportunities to extend its
presence in the market for Recruitment Process Outsourcing (RPO) services,
SaaS services for healthcare and other verticals, and background screening
services.
In short, ZeroChaos now offers one of the broadest suites of workforce
management solutions in the United States. Prior to the transactions,
ZeroChaos was one of the fastest growing and most financially stable HRO
enterprises in the nation. Headquartered in Florida, ZeroChaos is a
recognized leader in workforce solutions for Fortune 1000 firms. The
company's unique approach to helping customers source and manage talent has
produced impressive results for clients including Bank of America, IBM, and
other Fortune 500 firms. AP Capital Partners acquired ZeroChaos, in
partnership with management, in December 2004.
"It's been very gratifying to work with ZeroChaos as it grows into an
extraordinary success story," said Frantz Alphonse, Managing Partner of
APCP. "The potential is tremendous for all parties and we look forward to
seeing what the future brings for ZeroChaos."
"We are very pleased to have added such strong managers and complementary
offerings. These acquisitions will provide a strategic advantage in helping
our customers maximize their human capital investments globally. We
anticipate continued innovations and momentum for the company," added
Harold Mills, CEO of ZeroChaos. APCP reports that it is aggressively
pursuing new investment opportunities.
About AP Capital Partners
AP Capital Partners is a private equity firm that undertakes long-term
assignments in exceptional enterprises. The firm's goals are to
dramatically improve financial performance, deliver best-in-class products
and services, and create fulfilling work environments for employees. APCP
delivers strong relationships, a true partnership approach, and effective
execution to outstanding middle-market enterprises. The APCP team
currently includes highly successful financiers, institutional investors,
and entrepreneurs from firms such as JPMorgan Chase, Bank of America,
Citigroup, Weston Presidio Capital, Fidelity Investments, Microsoft, GE and
others. For additional information, please visit www.apcpartners.com