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Military Vet Staffing Firm Sold

by
Elaine Rigoli
Jun 25, 2007, 1:20 pm ET

New York equity firm Centre Partners has bought the military recruiting and consulting firm Orion International Consulting Group.

The staffing firm that specializes in placing military veterans in jobs says this partnership will increase the scope of its operations, providing greater resources for military candidates seeking a civilian career.

Jeffrey Evans, who will become the new chairman of Orion International’s board, is the former president of staffing firm On-Staff.

“Orion’s unique operational model and strong management team offer an excellent platform for growth, both organically and through targeted acquisitions,” said Evans, in a statement.

“We look forward to working together to expand further in sectors like healthcare, energy, and aviation, enabling us to provide even greater opportunities for transitioning military professionals and our client corporations,” he said.

Neither company disclosed financial terms of the deal.

Founded in 1991 by five military veterans, Raleigh, North Carolina-based Orion has a direct-placement business in addition to three subsidiaries: MilitaryStars, which runs military career expos; Velastar Solutions, which helps veterans find contract and temp work; and Orion Health Professionals, which helps place veterans in healthcare jobs.

Orion also operates in San Diego, Cincinnati, Virginia Beach, Virginia, Austin, Texas, and Sarasota, Florida. The company has about 30 workers in Raleigh and 150 nationwide.

This article is provided for informational purposes only and is not intended to offer specific legal advice. You should consult your legal counsel regarding any threatened or pending litigation.

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