Deloitte Corporate Finance LLC advises IQNavigator, Inc. in sale of MSP Division to MSX International, Inc.

CHARLOTTE, N.C., October 30, 2014 — Deloitte Corporate Finance LLC (“DCF”) acted as exclusive financial advisor to Denver-area’s IQNavigator, Inc.  (“IQNavigator”), a portfolio company of GTCR, LLC (“GTCR”), in the sale of its managed services provider (“MSP”) division to MSX International, Inc. IQNavigator is a leading provider of contingent workforce solutions in the United States and globally. The acquisition closed on August 4, 2014.

DCF advised IQNavigator on the exploration of various strategic alternatives, including the consideration of a variety of transaction and bid structures.

“IQNavigator is a technology company with a clear vision of the value we deliver to our community of customers and partners. The sale of our MSP division enables us to be laser focused on building and delivering better software that includes new levels of innovation and helps global companies make better labor decisions,” said Joe Juliano, President and CEO of IQNavigator.

“Increasing sophistication in the contingent workforce market has created demand for differentiated managed service provider programs and vendor management systems. IQNavigator has been a leader in the contingent workforce space for years, and we are excited to have helped the company reshape itself to pursue new growth opportunities in the vendor management system market,” said Phil Colaco, managing director for Deloitte Corporate Finance LLC.

About IQNavigator, Inc.
IQNavigator is the leading independent technology provider of Vendor Management System (VMS) software for Global 2000 companies. IQNavigator’s products enable enterprises to intelligently manage and optimize complex services procurement and contingent workforce programs. Since 1999, IQNavigator’s products have been delivering procurement visibility and predictability, helping corporate leaders around the globe increase profitability, mitigate risk and compete more effectively. For more information about IQNavigator and its software, visit www.IQNavigator.com.

About MSX International, Inc.
MSX International (MSXI) is a business process outsourcing company that provides technology based services to enterprises in more than 80 countries. The Retail Network Solutions group partners with global automakers to enhance the retail customer lifecycle by streamlining business processes to positively impact revenue and performance. The Human Capital Solutions group provides professional and technical staffing services on a temporary, temporary-to-hire and direct-hire basis. To learn more about Detroit-based MSXI, please visit www.msxi.com.

About GTCR, LLC
Founded in 1980, GTCR Golder Rauner, LLC is a leading private equity investment firm and long-term strategic partner for outstanding management teams. The Chicago-based firm pioneered the investment strategy of identifying and partnering with exceptional executives to acquire and build companies through a combination of acquisitions and strong internal growth. GTCR currently manages more than $8 billion of equity capital invested in a wide range of companies and industries. More information about GTCR can be found at www.gtcr.com.

About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC (DCF) provides strategic advisory services and M&A advice that help corporate, entrepreneurial and private equity clients create and act upon opportunities for liquidity, growth and long-term advantage. With an in-depth understanding of the marketplace and access to a global network of investment bankers, we help clients confidently pursue strategic transactions in both domestic and global markets. DCF, together with the Corporate Finance Advisory practices within the Deloitte Touche Tohmatsu Limited network of member firms, include in excess of 1,900 professionals, who work collaboratively across 150 international locations. With our significant experience providing investment banking services across key industries, we are able to offer our clients solutions that help them to achieve their strategic objectives. For more information, visit www.investmentbanking.deloitte.com.

Prior engagement performance is no guarantee of future performance and may not be representative of the experience of other clients. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of a security.

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