Izar Capital Group Represents
The Workforce Group, LLC
(A DISASTER RECOVERY SOLUTIONS PROGRAM MANAGEMENT PROVIDER)
and
WFG Controlling Shareholders
As Strategic Advisor
WASHINGTON, DC (Oct 2022-Oct 2023)
Izar Capital Group (“Izar Capital”), a leading specialized middle-market corporate finance advisory firm, is pleased to announce that it acted as strategic and operational advisor to The Workforce Group, LLC (“WFG”) and its controlling shareholders in their post-M&A operations and integration with the Lemoine Company, a Bernhard Capital Partners portfolio company, which acquired WFG in 2021.
Izar Capital advised upon and guided the WFG senior team through a comprehensive evaluation of existing operations and the application of best practices which optimized business performance, reporting and operational efficiency. Izar’s deep-dive strategic analysis enabled the discovery of numerous operational enhancements, opportunities for growth, elements of business process redesign, and the achievement of significant human resource leverage and increased overall business performance. In addition, Izar drafted, negotiated and managed many legal and business post-deal elements of the M&A process, including earnouts, employee bonuses, equity allocations and other post-deal mechanics.
Izar demonstrated its unique ability and expertise to wade deep into corporate operations and management, embracing detailed existing internal operational processes covering legal, corporate, tax, accounts receivable, accounts payable, project management, human resources, labor allocation, talent acquisition, information technology, software (internal and external) and business unit reporting structures.
This engagement also showcases Izar’s deep domain expertise in the industries of professional services, engineering services, program management, disaster services and governmental agency services (Federal, State and Local).
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Deal Team Contacts
==============================================
Paul Hammer JF Scarborough, III
Senior Managing Director Senior Managing Director
[email protected] [email protected]
Izar Capital Group (www.izarcapital.com)
Izar Capital Group, LLC is a middle-market focused, strategic advisory/corporate finance investment bank with expertise in Mergers and Acquisitions (buyside and sellside), Joint-Ventures and Partnerships, Private Debt and Equity Capital Advisory, as well as Corporate Strategic Advisory services. Based in Washington, DC and Madrid, Spain, the firm operates globally, and has particular expertise within the U.S., as well as cross-border deals with Spain, Europe and Latin America. Creative problem solving, independent thinking and intellectual rigor are hallmarks of the Izar Capital process. Izar Capital professionals have completed over $18bn of transactions.
Workforce Group (www.theworkforcegroup.org)
Founded in 2013, The Workforce Group, LLC (“WFG”) provides i) disaster solutions to various government agencies, including inspections, compliance, grant management and program management, ii) insurance claims management and third-party administration and iii) staffing solutions. WFG has participated in over $5 billion in disaster and housing recovery programs and has been part of over 20 FEMA & HUD funded housing recovery programs. WFG is headquartered in Baton Rouge (LA) with additional offices in Lake Charles (LA), Denver (CO), Beaumont (TX) and Conroe (TX). WFG is now part of Lemoine, a construction management, logistical services and disaster program management services firm providing critical professional services across a broad customer base including federal, state and local governments, higher education, healthcare, technology, and commercial clients.
Izar Capital Group (“Izar Capital”), a leading specialized middle-market corporate finance advisory firm, is pleased to announce that it acted as strategic and operational advisor to The Workforce Group, LLC (“WFG”) and its controlling shareholders in their post-M&A operations and integration with the Lemoine Company, a Bernhard Capital Partners portfolio company, which acquired WFG in 2021.
Izar Capital advised upon and guided the WFG senior team through a comprehensive evaluation of existing operations and the application of best practices which optimized business performance, reporting and operational efficiency. Izar’s deep-dive strategic analysis enabled the discovery of numerous operational enhancements, opportunities for growth, elements of business process redesign, and the achievement of significant human resource leverage and increased overall business performance. In addition, Izar drafted, negotiated and managed many legal and business post-deal elements of the M&A process, including earnouts, employee bonuses, equity allocations and other post-deal mechanics.
Izar demonstrated its unique ability and expertise to wade deep into corporate operations and management, embracing detailed existing internal operational processes covering legal, corporate, tax, accounts receivable, accounts payable, project management, human resources, labor allocation, talent acquisition, information technology, software (internal and external) and business unit reporting structures.
This engagement also showcases Izar’s deep domain expertise in the industries of professional services, engineering services, program management, disaster services and governmental agency services (Federal, State and Local).
==============================================
Deal Team Contacts
==============================================
Paul Hammer JF Scarborough, III
Senior Managing Director Senior Managing Director
[email protected] [email protected]
Izar Capital Group (www.izarcapital.com)
Izar Capital Group, LLC is a middle-market focused, strategic advisory/corporate finance investment bank with expertise in Mergers and Acquisitions (buyside and sellside), Joint-Ventures and Partnerships, Private Debt and Equity Capital Advisory, as well as Corporate Strategic Advisory services. Based in Washington, DC and Madrid, Spain, the firm operates globally, and has particular expertise within the U.S., as well as cross-border deals with Spain, Europe and Latin America. Creative problem solving, independent thinking and intellectual rigor are hallmarks of the Izar Capital process. Izar Capital professionals have completed over $18bn of transactions.
Workforce Group (www.theworkforcegroup.org)
Founded in 2013, The Workforce Group, LLC (“WFG”) provides i) disaster solutions to various government agencies, including inspections, compliance, grant management and program management, ii) insurance claims management and third-party administration and iii) staffing solutions. WFG has participated in over $5 billion in disaster and housing recovery programs and has been part of over 20 FEMA & HUD funded housing recovery programs. WFG is headquartered in Baton Rouge (LA) with additional offices in Lake Charles (LA), Denver (CO), Beaumont (TX) and Conroe (TX). WFG is now part of Lemoine, a construction management, logistical services and disaster program management services firm providing critical professional services across a broad customer base including federal, state and local governments, higher education, healthcare, technology, and commercial clients.