has raised capital from an investor group led by

VCG is a provider of software solutions for the staffing industry.


  • Industry Business Services, Technology
  • Type Capital Raise

VCG provides software solutions for the staffing, IT consulting, executive search, and temporary help industries.

VCG had recently released its new fully web-native software but had been providing software solutions to the staffing industry since 1994. The Company needed capital to fund: (i) payables related to the development of its new product; (ii) expected growth associated with its new product; (iii) the infrastructure required to support the expected growth, and (iv) continued R&D. Croft & Bender was hired to draft the offering memorandum, market the Company to interested parties and to analyze, structure and negotiate a transaction that would raise the necessary capital.

Croft & Bender successfully raised capital for the Company in two rounds, with the institutional investors including Jefferson Capital Partners, Equity South, Reicon Capital, and Five Paces Ventures. C&B Capital also participated in the transaction.