Valtech Services, Inc. has sold 100% of its assets to Cornerstone Staffing Solutions, Inc.

The Selling Company: Valtech Services, Inc. is a premier provider of contract staffing solutions, project, and managed staffing services to emerging, mid-sized, and Fortune 500 and Fortune 100 information technology (IT) organizations nationwide. With a 19-year operating history, the company serves multiple vertical industries and some of the largest global corporations with high-demand technology consultants. The company’s staff has earned a well-respected reputation within the information technology consultant and corporate technology user community for being highly knowledgeable solutions experts.

Why the company was sold: The company was a non-core division of Valtech Solutions SA, a publicly-traded global digital marketing corporation based in Paris, France. After experiencing a long history of consistent growth, the company was divested to allow the parent corporation to focus on alternative strategic opportunities.

Capital Alliance’s Performance: Capital Alliance was engaged by the global parent to execute a discreet strategic initiative to source and qualify potential buyers. The sellers were equally focused on aligning with a buyer that provided a sound, acceptable future for division management in addition to achieving market terms. Capital Alliance worked with the management of Valtech Services, Inc. to prepare the company for sale and to manage their roles and expectations related to the sale process. CAC generated three offers that gave the client the ability to combine a favorable price, market terms, and go-forward opportunities for division management.

The Acquiring Company: Cornerstone Staffing Solutions, Inc. is a privately held provider of diversified staffing and contingent workforce solutions nationwide.