Portfolio: Direct Investments

The acquisition provides NSC with access to additional industry verticals and allows both NSC and Nationwide to expand their service offerings to their clients.

Paul Rodriguez, CEO and Founder of NSC, noted “We are really excited about this acquisition and look forward to partnering with Nationwide’s management team. NSC is committed to providing the necessary resources and capital to support further growth and expansion”.

Elie Azar, Managing Director of White Wolf, noted “We are proud to be part of the NSC family and are committed to providing both NSC and Nationwide with the necessary resources to execute on their growth plans”.

Details of the transaction were not disclosed.

About Nationwide

Nationwide Temporaries, Inc., located in Denver, Colorado, is a well-established temporary personnel service that specializes in the placement of qualified personnel for the construction and light industrial business sectors. Nationwide has developed strong name recognition and an exceptional industry reputation. Nationwide offers day labor, temporary to hire, direct hire and payroll services to their clients. Nationwide was founded in 1993. For further information, please visit: www.nationwidetemporaries.com.

About NSC

NSC specializes in staffing and workforce management solutions for a wide range of industries including: defense, marine, energy and industrial markets. NSC’s staffing experts identify top technical professionals and craftsman who are reliable, verifiably skilled and safety-minded to support customers as direct hire or contingent employees. For further information, please visit: www.nsc-tech.com.

NSC Acquisition Criteria

NSC is actively seeking add-on acquisition opportunities that meet the following criteria:

• Revenue of $10 million to $150 million
• Providers of industrial skilled and unskilled staffing, consulting, and related services
• Focus on providing labor solutions for Naval and commercial shipbuilding and repair industries; and general industrial industries (construction, power, telecom, infrastructure, manufacturing, logistics, etc.)
• Regional or national focus

About White Wolf

White Wolf is a private investment firm that began operations in late 2011 and is focused on making direct and indirect investments in leading North American middle market companies.

White Wolf seeks private equity and private credit investment opportunities in companies with $20 million to $200 million in revenues and up to $20 million in EBITDA. Typical situations include management buyouts, leveraged buyouts, recapitalizations, and investments for growth. Preferred industries include manufacturing, business services, government services, information technology, security, aerospace, and defense.

White Wolf also looks to invest with other private fund managers as a limited partner. Targeted investment candidates are North American focused private credit funds looking to raise $50 million to $500 million, with a focus on the lower-middle and middle-market.

White Wolf’s office locations include Miami, Chicago, Montreal, and New York City.

For further information, please visit www.whitewolfcapital.com.