.
MergerLinks Header Logo

New Deal


Announced

Kelly Services to acquire NextGen Global.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

recruitment

consulting services

Acquisition

Single Bidder

Pending

Management Consulting

Majority

Private

Friendly

Synopsis

Edit

Kelly Services agreed to acquire NextGen Global, a provider of telecommunications, wireless and connected technology staffing solutions in the US. Financial terms were not disclosed. The acquisition expands Kelly’s presence in a niche engineering market, where there is tremendous room for growth: telecommunication industry analysts say $500 billion will be spent between now and 2025 preparing for the onset of 5G technology. “NextGen recognizes the amazing growth potential of the telecom, wireless and connected technology space, which is driving the future of technology advancement. Our team has consistently leveraged long-term relationships with both clients and candidates to solidify our place as a market leader of strategic staffing solutions. We’re excited to be part of the Kelly family and are confident that with Kelly’s global brand and experience as a pioneer within the staffing solutions sector, our team will continue to flourish and build on the level of excellence to which our clients have grown accustomed,” Amy Moreno, NextGen President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US