LAC Group, a provider of information and knowledge management, will seek further acquisitions following its purchase of PRO-TEK last month, said Deborah Schwarz, CEO.
The Los Angeles, California-based company receives frequent private equity interest and might entertain offers in the future, she added. It is not actively looking to sell a stake to private equity but “we hear from them all the time”, she said. LAC has been able to finance acquisitions with its own cash flow and inexpensive credit. Its bank is PNC. “We’re certainly not looking to bring in a majority partner but wouldn’t rule it out,” Schwarz said.
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