New Mountain Capital is an American alternative investment firm headquartered in New York City. The firm focuses on growth investing in mid-sized companies from economically acyclical industries.
History
Beeline was founded in 1999 as the workforce business unit of MPS Group, Inc. in Jacksonville, Florida. The company was among the first to offer VMS. In December 2016, Chicago-based private equity firm GTCR acquired Beeline and merged the company with IQNavigator, previously a competitor in the workforce management marketplace. The merged company operates under the Beeline brand name. ==Acquisition==
Acquisition
In July 2018, Beeline announced that it had been acquired by New Mountain Capital, a New York City-based private equity firm, for an undisclosed amount. ==Partnerships==
Partnerships
Beeline collaborates with a number of partner organizations including talent providers, enterprise software providers, and managed services providers (MSPs). Strategic MSP partners include Allegis Global Solutions, Hayes Talent Solutions, KellyOCG, Pontoon, and most recently Pinnacle Group. ==References==