The DLC Group has been sold to Addison Group
Lincoln acted as the lead financial advisor to Gryphon Investors and DLC, working closely with the company’s management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction. Terms of the transaction were not disclosed.
The DLC Group (DLC) is a leading provider of comprehensive finance and accounting (F&A) consulting and staffing solutions. The company serves clients ranging in size from early stage start-ups to Fortune 1000 companies, across a diverse base of industries and market segments. DLC maintains a well-established leadership position within its core markets, which include Los Angeles, Orange County, San Francisco, and Chicago. DLC was founded in 2001 and is headquartered in Woodland Hills, CA.
Gryphon Investors Partner, Alex Earls, commented, “Lincoln’s strong execution capabilities, access to key decision makers and thoughtful guidance proved invaluable. In addition, their ability to convey management’s passion for the business and the company’s unique value proposition to potential investors was critical to our successful outcome.”
Tom Sweeney, CEO of DLC, added “Lincoln’s unique insights into our business model, as well as their deep industry knowledge, allowed them to share our story in a highly compelling manner. We enjoyed working with the Lincoln team and were impressed by the continued level of senior engagement throughout the process. Gryphon has been a great partner to the company and we’re excited about the opportunity ahead of us with Addison Group.”
Addison Group is a leading professional services firm delivering the talent and knowledge companies need to achieve and sustain business growth. Addison Group offers a full suite of consulting solutions, staffing and recruiting capabilities, and executive search services – specializing across multiple sectors, including information technology, finance and accounting, healthcare, marketing, human resources, and administration. DLC’s geographic footprint and niche F&A specialty will allow Addison Group to strengthen its capabilities within both the F&A staffing sector, as well as the consulting space via Addison Group’s existing partnership with Bridgepoint Consulting.
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