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Announced

The Reserves Network acquires Hire Alternatives.

Financials

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

Tags

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Acquisition

eterprise staffing

staff provider

Friendly

Outsourced HR and Staffing

Private

United States

Single Bidder

Synopsis

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The Reserves Network, a leading staffing provider of office, industrial, professional and technical talent, has acquired North Carolina-based staffing firm Hire Alternatives. Financial terms were not disclosed. The company will maintain the Hire Alternatives name and brand, and operate as an affiliate of the Cleveland-based staffing firm. “Hire Alternatives and The Reserves Network have a long history of working together in various capacities. Not only do we share similar business models and geographic locations, but we also hold the same core values of developing successful partnerships with our customers based on trust and confidence.” Pete Pappas, Hire Alternatives Founder and President.

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