Xenspire Group Expands Through Strategic Acquisition of OneSource Professional Search
TL;DR
Xenspire Group Inc. expands strategically through acquisition, gaining access to a global talent pool of over 1.2 billion profiles.
OneSource Professional Search, LLC is a technical and financial search and staffing company based in Mandeville, LA, providing direct hire, contract, and temp-to-hire placement of skilled candidates from various industries.
The transaction between OneSource Professional Search, LLC and Xenspire Group Inc. will create more opportunities for skilled candidates and contribute to the growth of businesses.
Xenspire Group Inc. uses AI to optimize and customize their clients' experience to source the best candidate for each search, revolutionizing talent acquisition and contract staffing.
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Benchmark International successfully facilitated the transaction between OneSource Professional Search, LLC and Xenspire Group Inc., marking a strategic expansion for Xenspire through acquisition. OneSource, based in Mandeville, LA, specializes in technical and financial search and staffing services, providing direct hire, contract, and temp-to-hire placement for roles ranging from near entry-level to C-Suite positions. The company primarily serves the oil and gas industry while also supporting accounting, manufacturing, and civil infrastructure sectors.
This acquisition enables Xenspire to enhance its service offerings and geographic reach. Xenspire is a talent acquisition and contract staffing firm that leverages artificial intelligence to optimize client experiences and source the best candidates from a global talent pool of over 1.2 billion profiles from more than 100 sources. The integration of OneSource's expertise in engineering, geoscience, accounting, and finance strengthens Xenspire's position in these specialized markets.
Nick Woodyard, Deal Associate at Benchmark International, expressed satisfaction with the transaction, stating, "It was a pleasure working with Dave and Henry throughout the process, and I'm glad to see OneSource find a home with Ram and the Xenspire team. We couldn't have done it without everyone staying focused to get it across the finish line." Benchmark International, a global M&A firm with decades of experience, has handled over $11 billion in transaction value across various industries worldwide. The firm has been recognized as the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network, as well as the top sell-side exclusive privately-held M&A advisor globally by Pitchbook and Refinitiv's Global League Tables. Additional information about Benchmark International can be found at https://www.benchmarkintl.com/.
Curated from News Direct

