Mill Rock Capital and ICG Invest in The Execu|Search Group

April 13, 2021

Mill Rock Capital, in partnership with Intermediate Capital Group (ICG), has made a significant investment in The Execu|Search Group (TESG), a New York–based recruitment and workforce solutions firm. The investment, which involved the exit of New Heritage Capital, will support TESG's growth, geographic expansion and enhancement of service capabilities; founder Ed Fleischman retains a meaningful minority stake and management remains involved.

Buyers
Mill Rock Capital, Intermediate Capital Group (ICG)
Targets
The Execu|Search Group
Sellers
New Heritage Capital
Industry
Staffing & HR
Location
New York, United States
Transaction Type
Growth capital

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