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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