DALLAS, March 20, 2014 /PRNewswire/ -- Deloitte
Corporate Finance LLC ("DCF") acted as the financial advisor to
Texas-based TDC Holdco, LLC –
doing business as The Delta Companies ("TDC"), a leading healthcare
staffing organization, in its sale to Mitsui & Co., Ltd.
("Mitsui") (TSE: 8031), a Japanese-based corporate
conglomerate. The acquisition closed in February 2014.
"DCF's efforts in providing us the necessary market insight and
deal advice were critical to the completion of this transaction,"
said Jeff Schroeder, chief financial
officer of TDC.
"It has been a pleasure to work with the management team at TDC
on this transaction with Mitsui. We believe this transaction
highlights the increasing globalization of the staffing and
healthcare industries," said Phil Colaco, managing director,
Deloitte Corporate Finance LLC and head of its business services
group.
Tom Spivey, managing director, Deloitte Corporate Finance LLC
and its southwest region leader added, "Working with a Texas-based organization on an international
transaction was a rewarding experience that allowed our team to
demonstrate both local market knowledge and global insight."
About The Delta Companies
The Delta Companies
is a Texas-based enterprise in
healthcare staffing. TDC offers permanent and temporary staffing
solutions nationwide for physicians, physician extenders, therapy
and other allied healthcare professionals. Physician staffing
services are represented by Delta Physician Placement and Delta
Locum Tenens. All other allied healthcare staffing services are
represented by Delta Healthcare Providers. TDC is based in
Dallas, Texas. For more
information, visit www.thedeltacompanies.com.
About Mitsui
Utilizing its global operating
locations, network and information resources, Mitsui is pursuing
businesses that range from product sales, logistics and financing,
through to the development of international infrastructure and
other projects in the following fields: iron and steel products,
chemicals, foods & retail, consumer services, information,
electronics and telecommunications, financial markets and
transportation logistics, among others. The company is based in
Tokyo, Japan. For more
information, visit www.mitsui.com.
About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC, a FINRA-registered broker-dealer,
is an indirect wholly-owned subsidiary of Deloitte Financial
Advisory Services LLP and affiliate of Deloitte Transactions and
Business Analytics LLP. Deloitte Corporate Finance LLC provides
deal execution and lead financial advisory services to large
corporate, middle market, and private equity firms. Deloitte
Corporate Finance has access to the resources of the Corporate
Finance Advisory practices of the member firms (and their
affiliates) within the Deloitte Touche Tohmatsu Limited network of
member firms. Together with Deloitte Corporate Finance, these
practices include in excess of 1,600 professionals, working
collaboratively across 150 international locations. Investment
banking products and services within the
United States are offered exclusively through Deloitte
Corporate Finance LLC. For more information, visit
www.investmentbanking.deloitte.com. Please see
www.deloitte.com/us/about for a detailed description of the legal
structure of Deloitte LLP and its subsidiaries.
Prior engagement performance is no guarantee of future
performance and may not be representative of the experience of
other clients. This communication is for informational purposes
only and is not intended as an offer or solicitation for the
purchase or sale of a security.
Contact:
Melissa Curtis
Public
Relations
Deloitte
617-437-2156
mecurtis@deloitte.com
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SOURCE Deloitte