Home Energy services Achieve Partners Announces Sale of Pioneering Technical Personnel Recruitment Company

Achieve Partners Announces Sale of Pioneering Technical Personnel Recruitment Company

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A&M Capital Partners acquires Genuent amid growing demand for new approaches to address the persistent IT talent shortage

NEW YORK, July 18, 2022 /PRNewswire/ — Achieve Partners today announced the sale of Genuent, an industry-leading technology staffing company that recently recognized by ClearlyRated as one of North America best agencies for both its clients and its consultants, to A&M Capital Partners (AMCP). Genuent also recently announcement a merger with TekPartners, a subsidiary of P2P Staffing Corporation (“P2P”), to form a new combined company called INSPYR Solutions. AMCP had previously acquired a majority stake in P2P from its founders in December 2021.

“Achievve has been a great partner throughout our growth. Their pioneering vision for education and training has accelerated new approaches like Genuent’s, designed to help fast-growing tech companies find the talent they need,” said kip wright, who served as CEO of Genuent and is now Executive Chairman of the Board of INSPYR Solutions. “Their insight allowed us to evolve our model rapidly, proving that innovative staffing models can both solve critical worker shortages and create new pathways to economic mobility in the tech industry.”

The sale comes at a time of historic demand for skilled tech talent across the country. Emsi Burning Glass Recent Research suggests that the need for digital skills is becoming more prevalent across an ever-widening range of industries, including retail and manufacturing, as well as occupational categories such as marketing and operations.

“Traditional approaches to learning can no longer keep pace with technological change and the skill requirements of employers,” said Achieve’s chief executive. Anand Radia. “Genuent’s track record of success demonstrates the role intermediaries such as IT staffing firms can play in shaping new talent development models that will reshape the future of work.”

Achieve Partners invests in new talent development models that strengthen the links between education and the world of work. Achieve’s Workforce Fund helps companies create learning programs to both expand their talent pools and increase access to career paths in fast-growing industries.

About Achieve Partners
Achieve Partners is designing the future of learning and compensation by investing in advanced technologies and new business models to strengthen skills development and secure the future of work for millions of Americans. By harnessing digital transformation to create new models of learning and new pathways to good jobs, Achieve is helping to level the playing field, improve socio-economic mobility, and rekindle the American Dream. www.achievepartners.com

About Genuent
Genuent is a leading technology staffing company that provides highly skilled information technology professionals and workforce solutions to help clients solve complex technology and business challenges. Thanks to strong and lasting relationships with its consultants and clients, Genuent is an element of change in the world of work. Genuent serves customers nationwide across the technology spectrum, connecting top technology talent with customers to provide responsive and collaborative support. Genuent was founded in 2006 and is based in Houston, TX. www.genuent.com

About A&M Capital Partners
A&M Capital Partners is Alvarez & Marsal Capital’s flagship investment strategy focused on mid-market control transactions in North America with total assets under management of $2.9 billion. A&M Capital Partners has a strong track record as a trusted partner to founders, companies and management teams, providing the capital and strategic assistance needed to take companies to the next level of success. A&M Capital Partners invests in companies across a wide range of sectors, including business services, industrials, manufacturing, food and beverage, healthcare, consumer and retail, government services, financial services and energy services. www.a-mcapital.com

SOURCE Reach Partners