June 17, 2020 – NSC Technologies (“NSC”), a portfolio company of White Wolf Capital (“White Wolf”), is pleased to announce the acquisition of Anistar Technologies, Inc. (“Anistar”). Details of the transaction were not disclosed.
Paul Rodriguez, CEO of NSC, commented, “The addition of Anistar to our family of companies further demonstrates our commitment to operational excellence, job security and growth for all employees of our beloved company. Not only is Anistar a cultural fit but their impressive client portfolio and employee database will help us continue to grow and diversify our world class organization.”
Joe Myers, COO of NSC, also commented, “Anistar brings seasoned leaders, motivated producers and mature processes that will springboard our company’s growth. We are so grateful they chose us as their new partners.”
Richard Leggio, a Managing Director at White Wolf, noted, “We are excited about what the future will bring as a result of this new partnership. Anistar further expands NSC’s presence within the technical and professional staffing segment, and also brings additional blue chip clients to add to NSC’s existing roster of other blue chip clients.” Darvin Boothe, Co-CEO of Anistar, stated, “From the first introduction I knew that NSC was the perfect partner for the next chapter in Anistar’s journey. Their culture, industries served, geographic footprint, and financial partners compliment Anistar in almost every way. This marriage of NSC and Anistar will create an elite, industry-leading platform of service and growth for our customers and employees alike.”
NSC, founded by Paul Rodriguez in 2000, is dedicated to being the most trusted provider of innovative staffing solutions servicing the global marine, energy, commercial and industrial marketplace. Through achieving long-term, meaningful customer relationships and by exceeding customer expectations, NSC has experienced tremendous overall growth since its founding. In addition to strong customer relationships, NSC is dedicated to enhancing the quality of life for all of its employees. NSC is headquartered in Portsmouth, Virginia. NSC was recapitalized by White Wolf Capital in November 2016. For further information, please visit: www.nsc-tech.com.
Anistar is a national staffing company that sources highly skilled, hard-to-find professionals in the low-voltage and technology infrastructure sectors for consulting contract placement, direct permanent placement and/or contract to permanent placement assignments. Anistar provides services to its client partners on a national basis. Anistar currently employs over 800 consulting professionals which allows the Company to effectively source the best technicians for each client’s specific workforce requirement needs. Anistar has a diversified client base with over 150 active client accounts, and specifically focuses on providing skilled labor for low-voltage infrastructure, networking, structured cabling, audio/visual, security, and electrical subcontracting services as well as federal defense contractors. Anistar is headquartered in Tampa, Florida. For further information, please visit: www.anistar.com.
NSC is actively seeking add-on acquisition opportunities that meet the following criteria:
White Wolf Capital is a private investment firm that began operations in late 2011 and is focused on making both direct and indirect investments in leading middle market companies located in North America.
On the direct side, White Wolf Capital seeks both private equity as well as 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.
In addition to making direct investments in operating companies, White Wolf Capital 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 in assets under management, with a focus on the lower-middle and middle-market. For further information, please visit: www.whitewolfcapital.com.