RECENT RELEASES
Insight Global-
Business
Insight Global (“Insight”) is one of the fastest growing and among the top 5 providers of information technology, accounting, finance and engineering staffing solutions throughout North America. Through a network of 52 offices, Insight fills temporary and permanent staffing placements for a variety of Fortune 1000 corporations.
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Harvest Partners Investment
In June 2010, Harvest purchased Insight with the existing management team. To fund the acquisition Harvest arranged the financing, which included a senior credit facility, a mezzanine note and preferred equity. In addition, Harvest underwrote and syndicated significant equity co-investment capital.
In October 2012, Harvest recapitalized Insight. To fund the recapitalization Harvest and Ares Capital provided equity capital and arranged a first and second lien credit facility.
In October 2019, Harvest recapitalized Insight again. To fund the acquisition Harvest, certain Harvest LPs, management, and Leonard Green provided equity capital. As part of the transaction, Harvest underwrote and syndicated significant equity co-investment capital to its LPs.
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Investment Thesis
- Information technology, accounting, finance, and engineering are highly attractive sub-sectors
- Differentiated strategy and execution
- Significant growth potential and untapped geographic whitespace
- Proven track record of growth in new verticals
