has been acquired by
a portfolio company of
P&M Corporate Finance, LLC (“PMCF”) is pleased to announce that it served as the exclusive financial advisor to West Education Leasing, LLC (“West Ed”), which operates under the PCMI Staffing Services and willSub brands in its sale to Education Solution Services, LLC (“ESS”), a portfolio company of Nautic Partners, LLC.
Headquartered in Portland, Michigan, West Ed is one of the largest K-12 outsourced service providers that offers a complete solution of educational staffing and proprietary substitute placement, scheduling, and payroll technology. Since its inception, West Ed has grown into an industry leading provider of educational staffing and is the provider of choice in its target markets. West Ed offers a broad range of single source staffing solutions to school districts including substitute teachers, administrators, coaches/schedule B employees, custodial, day care, food service, and nursing.
ESS provides substitute teachers, paraprofessionals, and educational support staff to over 150 K-12 school districts and is a recognized leader in the markets that it serves. By leveraging its advantages in recruiting, technology, and scale, ESS can eliminate the administrative burden of daily substitute teacher and paraprofessional staffing, training, recruiting, and oversight, while saving school districts money that can be reinvested in student educational opportunities and full time teaching staff.
PMCF’s Human Capital Management (HCM) and Staffing team served as the exclusive financial advisor to West Ed, managing the entire transaction process. Former Owner and President Bernie Pelc commented, “PMCF was critical to the success of this process. Matt and his team were instrumental in preparing us and providing support every step of the way. PMCF represented our best interests throughout the entire process.”
PMCF is a middle market investment bank providing M&A advisory services private, public, and private equity owned companies. PMCF’s service offering includes sale advisory, acquisition advisory, capital raising, and transaction readiness planning. The firm has dedicated professionals focused on plastics & packaging, business & technology services, automotive, distribution, transportation & logistics, aerospace & defense, medical technology, and consumer & retail industries. PMCF has offices in Chicago, Detroit, and Denver, and internationally through its CFI partner firms. PMCF is also an affiliate of Plante Moran, one of the nation’s largest professional services firms.
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