NSC Technologies acquires Anistar Technologies, Inc.
June 30, 2020
NSC Technologies (“NSC”), a portfolio company of White Wolf Capital LLC (“White Wolf”), is pleased to announce the acquisition of Anistar Technologies, Inc. (“Anistar”). Details of the transaction were not disclosed.
Paul Rodriguez, CEO of NSC, commented, “The addition of Anistar to our family of companies further demonstrates our commitment to operational excellence, job security and growth for all employees of our beloved company. Not only is Anistar a cultural fit but their impressive client portfolio and employee database will help us continue to grow and diversify our world class organization.”
Joe Myers, COO of NSC, also commented, “Anistar brings seasoned leaders, motivated producers and mature processes that will springboard our company's growth. We are so grateful they chose us as their new partners.”
Richard Leggio, a Managing Director at White Wolf, noted, “We are excited about what the future will bring as a result of this new partnership. Anistar further expands NSC’s presence within the technical and professional staffing segment, and also brings additional blue chip clients to add to NSC’s existing roster of other blue chip clients.”
Darvin Boothe, Co-CEO of Anistar, stated, “From the first introduction I knew that NSC was the perfect partner for the next chapter in Anistar’s journey. Their culture, industries served, geographic footprint, and financial partners complement Anistar in almost every way. This marriage of NSC and Anistar will create an elite, industry-leading platform of service and growth for our customers and employees alike.”
LCG Capital Advisors served as exclusive financial advisors to Anistar.
About NSC
NSC, founded by Paul Rodriguez in 2000, is dedicated to being the most trusted provider of innovative staffing solutions servicing the global marine, energy, commercial and industrial marketplace. Through achieving long-term, meaningful customer relationships and by exceeding customer expectations, NSC has experienced tremendous overall growth since its founding. In addition to strong customer relationships, NSC is dedicated to enhancing the quality of life for all of its employees. NSC is headquartered in Portsmouth, Virginia. NSC was recapitalized by White Wolf Capital in November 2016. For further information, please visit: http://www.nsc-tech.com.
About Anistar
Anistar is a national staffing company that sources highly skilled, hard-to-find professionals in the low-voltage and technology infrastructure sectors for consulting contract placement, direct permanent placement and/or contract to permanent placement assignments. Anistar provides services to its client partners on a national basis. Anistar currently employs over 800 consulting professionals which allows the Company to effectively source the best technicians for each client’s specific workforce requirement needs. Anistar has a diversified client base with over 150 active client accounts, and specifically focuses on providing skilled labor for low-voltage infrastructure, networking, structured cabling, audio/visual, security, and electrical subcontracting services as well as federal defense contractors. Anistar is headquartered in Tampa, Florida. For further information, please visit: http://www.anistar.com
About White Wolf
White Wolf is a private investment firm that began operations in late 2011 and is focused on management buyouts, recapitalizations and investments in leading middle market companies. In general, White Wolf seeks private equity investment opportunities in companies that are headquartered in North America with $10 million to $100 million in revenues and up to $10 million in EBITDA. Preferred industries include: manufacturing, business services, information technology, security, aerospace and defense. For further information, please visit: https://www.whitewolfcapital.com.
NSC Acquisition Criteria
NSC is actively seeking add-on acquisition opportunities that meet the following criteria:
Revenue of $10 million to $150 million
Providers of industrial skilled and unskilled staffing, consulting, and related services
Focus on providing labor solutions for Naval and commercial shipbuilding and repair industries; and general industrial industries (construction, power, telecom, infrastructure, manufacturing, logistics, etc.)
Regional or national focus