AGC Partners Advises HRsmart on its Sale to Deltek

HRsmart, Inc., a provider of unified, cutting-edge, cloud-based talent management capabilities, has agreed to be acquired by Deltek, Inc., a provider of enterprise software and information solutions for professional services firms and government contractors. After receiving in-bound interest from Deltek, a Thoma Bravo portfolio company, AGC orchestrated a “rifle-shot” process with a select group of strategic and financial acquirers, which proved instrumental in attaining a highly strategic valuation for the Company. This acquisition will broaden and deepen Deltek’s portfolio of Human Capital Management solutions by delivering cutting-edge, cloud-based talent management capabilities that project- and people-driven businesses need to effectively compete in the marketplace. With a team led by Ben Howe, AGC Partners acted as sole financial advisor to HRsmart.

Ben, Andrew and Sean and the team at AGC worked around the clock to make sure HRsmart’s shareholders got the best deal possible. We may not have reached the finish line without Ben’s guidance and personal involvement along with his excellent team. AGC was there every step of the way to work with our management team in completing a thorough diligence process and spirited negotiations. AGC's knowledge of the talent management and SaaS markets and its expertise in deal negotiations produced a deal we are thrilled with. Deltek represents a superb landing spot for HRsmart and we’re excited about what we can accomplish together. Mark Hamdan, CEO, HRsmart

AGC Partners acted as sole financial advisor to HRsmart in February, 2015