EBIT ASSOCIATES ADVISED ADVANCED STAFFING ASSOCIATES, LLC.,
ON ITS INVESTMENT FROM LIMITED COMPANY INTEREST

For IMMEDIATE RELEASE

CHICAGO – 2022 – EBIT Associates, a leading Illinois-registered, lower middle-market investment bank with several accredited association member firms, announced today that it advised Advanced Staffing Associates, LLC, a Connecticut limited liability company (“LLC Interest”), for an undisclosed amount to Kalyan Pathuri and who is president of GCP, Inc.

Headquartered in Plainville, Connecticut, Advanced Staffing Associates, LLC,  www.advstaff.net is in the business of temporary labor staffing solutions to clients in health care and other industries.

Kalyan Pathuri and GCP, Inc. is a Fairfax, Virginia based staffing firm investing in niche consolidator of companies within the Solutions, Staffing and Technology space. We acquire majority ownership in companies that reflect strong financials and growth prospects, thoughtful management, and a solid track record of new client acquisition and retention. Kalyan commented, “With an excellent reputation for high quality service, a client-focused team, and significant continued growth potential, Advanced Staffing Associates. is an excellent fit for our health care services.”

Kevin San Juan with Advanced Staffing added, “I wanted to thank the EBIT team for your efforts. You all did an excellent job you represented us very well. I think what meant the most was how you mentored me through the entire process I don’t think we would’ve made it through without your assistance.  It was a very good experience.”

Todd Cushing, Principal of EBIT Associates, added, “It was a pleasure working with Kevin San Juan and Kalyan Pathuri, it was enjoyable to work with them.”

About EBIT Associates

EBIT Associates, a leading Illinois-registered, lower middle-market investment bank headquartered in Chicago, Illinois with offices in Arizona, Iowa, New York, Texas, Wisconsin, and India. Founded in 1999, EBIT Associates provides financial advisory services to lower middle market companies throughout the world, supporting client needs principally in the areas of merger and acquisitions advisory, valuations, financial restructurings, and capital. EBIT Associates is also members of several associations, exclusive global organizations of leading merger and acquisition advisory firms. More information is available at www.ebitassociates.com

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Media Inquiries:

Erica Calderon, Virtual Marketing Assistant EBIT (847)-566-0500 X 256 ecalderon@ebitassociates.com

For Transaction Related Inquiries:

Todd Cushing, Principal EBIT (847)-566-0500 X 201, tcushing@ebitassociates.com

Richard Cushing, Business Director EBIT (847)-566-0500 X 251, rcushing@ebitassociates.com

Ted Humphrey, Growth Consultant EBIT 847-566-0500 X 253, thumphrey@ebitassociates.com

Scott Miller, Partner EBIT (847)-566-0500 X 250, smiller@ebitassociates.com

Paul Curtiss, Managing Director EBIT (847)566-0500 X 259, pcurtiss@ebitassociates.com

Zeeshan Salehjee, Associate Director EBIT (847)-566-0500 X 252, zsalehee@ebitassociates.com

Monty Walker Tax/Exit Expert Director (847-566-0500 X 257, mwalker@ebitassociates.com