NSC Technologies, a White Wolf Capital portfolio company, announced the acquisitions of Staffing Resources, Inc. and ULG Companies, LLC, with concurrent recapitalization to support future growth and acquisitions.
Richard Leggio, White Wolf Vice President, highlighted the strategic value: "The ULG acquisition expands NSC's Midwest presence while consolidating its dominant position in maritime/naval shipbuilding industries."
Andres Gutierrez, White Wolf Senior Associate, noted: "SRI brings attractive synergies and diversification opportunities...expands NSC's light industrial business."
NSC CEO Paul Rodriguez stated the transactions create significant benefits for clients and employees, representing the company's evolution into "a world class staffing and recruiting platform."
SRI President Chris Gremelspacher emphasized shared values: "Our two companies have a shared commitment to employees, clients, and communities."
ULG President Gary Hentschel expressed enthusiasm about competitive positioning: "Together we will have critical mass to compete more aggressively nationally in industrial staffing."
NSC seeks add-on acquisitions meeting specific criteria: $10-150 million revenue, industrial staffing focus, expertise in shipbuilding/repair and general industrial sectors, and regional or national scope.
White Wolf Capital, established in 2011, invests in North American middle-market companies ($20-200 million revenue) through private equity and credit strategies, maintaining offices in Miami, Chicago, Montreal, and New York City.