The business was sold to investment firm Orchard Holdings, which said it expected the business to continue to expand and gain market share in the outsourced human resources services industry.
Lucas is focused on mid-management recruiting and military professional placement.
The company, which has 14 offices across the US, serves the SMB, mid-tier and Fortune 500 markets.
Earlier this year H.I.G. held its final closing of H.I.G. Bayside Loan Opportunity Fund III, exceeding its $1bn target.
The fund is focused on investing in debt obligations of small and medium-sized European companies, both existing loans acquired on the secondary markets as well as newly originated primary loans.
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