02/07/2023
FOCUS INVESTMENT BANKING REPRESENTS QUEEN CONSULTING GROUP IN ITS SALE TO TALENT GROUP
Washington, DC, (January 17, 2023) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture & corporate finance services, announced that Queen Consulting Group (“Queen”), a nationally recognized IT staffing & consulting company specializing in healthcare & pharmaceutical IT, Epic electronic medical record (EMR) system implementations, financial services, & niche technical recruiting, has been acquired by Talent Group. FOCUS represented Queen in this transaction.
Queen Consulting Group was founded in 2015 by Carl Foster, who has more than 30 years of IT staffing and consulting experience. Foster joins Talent Group's senior leadership team, along with Queen Vice Presidents Jessica Doherty & Amy Migliore.
"Queen Consulting Group delivers IT subject matter expertise, business intelligence and healthcare consulting support across all electronic health record (EHR) platforms, including Epic & other niche electronic systems,” stated Matthew Ripaldi, CEO of Talent Group. “The addition of Queen Consulting to the Talent Group family presents a significant opportunity for us to expand our IT human capital services & solutions to a wider range of clients."
“The FOCUS team really knows their business, & they brought in multiple strong offers for us to consider,” Foster said. “George Shea & Bob Maiden walked us through the process every step of the way, & highlighted our unique capabilities. We are thrilled with the result & wholeheartedly recommend FOCUS to any firm considering a sale.”
"This follows the acquisition of EdgeLink last year & is the fourth acquisition since our initial investment in 2018,” commented Michael Babb, Managing Partner of Osceola Capital, investors in Talent Group. “We continue to partner with, & are actively seeking, additional high-quality complementary firms to further expand our platform, while giving them the ability to scale rapidly & better support their client base. It was a pleasure working with the FOCUS team & we are very appreciative of them introducing us to Queen. We look forward to the partnership!”
”We were honored to represent a great company like Queen during this process,” added George Shea, Managing Director of FOCUS. “Carl & his team worked with us in every way possible to get this transaction closed on schedule.”
George Shea & Bob Maiden of FOCUS served as exclusive financial advisors to Queen Consulting Group throughout the transaction.
George Shea
Managing Director
[email protected]
904-206-0219
Bob Maiden
Managing Director
[email protected]
215-353-0486
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