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.