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CLC, a Portfolio Company of Silver Oak Services Partners, Completes Add-on Acquisition
Aug. 10, 2015 -Portfolio Company NewsEvanston, IL – August 10, 2015
Construction Labor Contractors, LLC (“CLC”), a portfolio company of Silver Oak Services Partners LLC, announced that is has acquired All Florida Staffing (“All Florida”).
All Florida is a premier provider of electricians and other skilled tradesmen to the commercial construction market in Florida. The company operates out of one location in Titusville, FL, but it services clients throughout the state. Acquiring All Florida expands CLC’s geographic footprint and provides CLC with significant growth opportunities throughout the Southeastern US.
“All Florida has a great reputation for providing quality employees and great service to its clients, and we’re very excited to work with the All Florida team to continue growing the business,” said Brad Chesin, Chief Executive Officer of CLC.
Greg Barr, Managing Partner of Silver Oak Services Partners, added “Geographic expansion into large, growing markets such as Florida is a key component of CLC’s long-term growth strategy, and we’re extremely pleased to add a company with All Florida’s reputation to our existing platform.”
Overview of CLC
CLC is a leading provider of temporary staffing of skilled tradesmen for the commercial construction market. The Company currently operates 15 locations in the Mid-Atlantic, Midwest and Southwest regions and has the ability to serve customers in all 50 states. Silver Oak and management continue to focus on building the CLC platform across the United States and continue to pursue add-on acquisitions of complementary businesses in attractive geographies.
Please contact Brad Chesin of CLC or Greg Barr or David Friedman of Silver Oak for additional information.
Silver Oak invests in business, consumer and healthcare services companies in the lower middle market, typically with EBITDA of $3 million to $20 million.
Silver Oak Services Partners, LLC
1560 Sherman Ave, Suite 1200
Evanston, IL 60201
Phone: 847-332-0400