Daily News: March 20, 2014

Deloitte Advises The Delta Companies in Mitsui Sale

Deloitte Corporate Finance announced it acted as financial advisor to TDC Holdco, dba The Delta Companies (TDC) in its sale to Mitsui & Co. The acquisition closed in February 2014. The acquisition closed in February 2014.

“DCF’s efforts in providing us the necessary market insight and deal advice were critical to the completion of this transaction,” said Jeff Schroeder, CFO of TDC.

“It has been a pleasure to work with the management team at TDC on this transaction with Mitsui. We believe this transaction highlights the increasing globalization of the staffing and healthcare industries,” said Phil Colaco, managing director, Deloitte Corporate Finance, and head of its business services group.

Tom Spivey, managing director, Deloitte Corporate Finance and its southwest region leader, added, “Working with a Texas-based organization on an international transaction was a rewarding experience that allowed our team to demonstrate both local market knowledge and global insight.”

Texas-based Delta Companies offers healthcare staffing services.