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Lucas Group, an Atlanta-based executive search firm, has been acquired by private investment firm Orchard Holdings Group. Orchard acquired the 43 year-old recruitment firm from Miami-based H.I.G. Capital, a private investment firm that purchased Lucas Group in 2007.
Lucas Group focuses on mid-management recruiting and military professional placement. It counts more than 325 recruitment associates and operates 14 offices across the United States.
Orchard Holdings Group invests non-institutional, private, family capital in businesses with the potential to create substantial long-term value.
“Orchard’s primary objective is to partner with exceptional management teams and build durable, successful businesses. Lucas Group represents exactly that kind of opportunity,” said Pete Boylan, co-founder and managing director of Orchard Holdings. “Under its current leadership and strategy, Lucas Group has the capacity to continue to expand its business and gain market share in the outsourced human resources services industry.”