New York, October 2016 — Tandym Group is pleased to announce that we have partnered with New Heritage Capital, a Boston-based private equity firm, which has made a significant investment in our firm. For more than three decades, our dedication to solving the needs of employers and candidates has positioned our firm as the industry leader we are today. This partnership will allow us to leverage this success to better serve our stakeholders and explore new areas for growth.
“We are very excited about the opportunity to partner with Heritage and see this as the beginning of the next chapter in the success story of Tandym Group,” said Edward Fleischman, Founder and CEO of Tandym. “With the investment, we have an incredible opportunity to take our company to the next level as we accelerate our already impressive growth by working with their professional team to seek additional opportunities in the market.”
New Heritage Capital is a unique and highly regarded private equity firm with a boutique practice of investing in owner-managed and operated businesses. Tandym will retain operational control, and the existing management team will remain in place. All offices, services, and operational processes as well as account representatives and assigned recruiters will remain unchanged. The goal of this partnership is to continue to provide our stakeholders with industry leading service on an even broader scale with a more diverse and innovative mix of service offerings.
Since our founding in 1985, we have built our firm on ethics, integrity, and responsive service driven by a staff of highly skilled professionals. Our firm has grown to over 250 employees, across ten offices in five states, and has worked to place thousands of temporary and full-time candidates with leading employers. This success would not have been possible without the loyalty, commitment, and trust of our incredible family of clients and candidates.