Private equity firm MidOcean Partners acquired The Re-Sourcing Group, a New York-based staffing provider. The deal was announced by both MidOcean and the seller, private equity firm McNally Capital. The Re-Sourcing Group provides staffing with a focus on providing personnel in legal, IT, finance/accounting and HR.

McNally Capital described the deal as a sale, while MidOcean described the deal as a significant investment.

“Re-Sourcing has built an impressive business that has experienced strong growth by delivering superior service to its clients,” Elias Dokas, managing director at MidOcean, said in a press release.

“We see numerous opportunities for further growth through both organic initiatives and strategic acquisitions,” Dokas said. “These include deepening the company’s relationships with existing clients, expanding its service offerings and entering new markets.”

Terms of the transaction were not announced. SIA has reached out to MidOcean for more information.

Re-Sourcing is led by CEO Joe Kelly. Its brands include JW Michaels & Co., Compliance Risk Concepts and Conexus Recruiting, which it acquired in January 2023. Conexus Recruiting provides finance/accounting, IT and HR staffing in Southern California.

Re-Sourcing has 20 offices across 10 markets nationwide. It was founded in 2003.

Jeff Bowling, founder and former CEO of The Delta Cos., a Dallas-based staffing firm, served as a board member and minority investor at Re-Sourcing. Bowling was a co-investor when McNally Capital acquired the company in January 2020.

MidOcean’s other acquisitions in the staffing space include GHR Healthcare. MidOcean’s former investments in staffing include System One and The Planet Group.