Amzak Capital Management, a private equity family office, recapitalized Trace Staffing Solutions, a commercial staffing provider in the Southeastern US.

The recapitalization closed March 31. Terms were not disclosed.

Trace will use the new capital from Amzak to expand its presence in the Southeast and pursue add-on acquisitions in niche markets.

Headquartered in Savannah, Ga., Trace counts 16 offices spread primarily throughout the southeast. The firm targets five staffing segments: Manufacturing and distribution, office professional, healthcare, legal, and hospitality.

As part of the transaction, Trace COO Scott Roth will be promoted to CEO and founder and former CEO Pam Cole will become chairman. The key management team, including Jim Pascutti, Tem Morgan and Lori Pitt,  will remain investors in Trace and lead its expansion strategy. Additionally, the Trace branch in Atlanta now operating as Solomon Morgan will rebrand to Trace.

De Bellas & Co announced the deal and represented Trace in the transaction.

“We are excited to partner with Amzak given they will accelerate our growth by providing us with additional resources such as operational, financial and legal capabilities that will compliment Trace’s core skills” Cole said. “This is the first time we are partnering with an institutional investor and we are happy to partner with a firm who shares a similar vision for growth and core values.”